White House Continues Climate Focus, Directing Agencies to Factor in Climate Costs
- The Biden administration issued guidance for agencies to account for climate damage in budgets and purchases.
- The policy aims to shift procurement towards electric vehicles and reshape major projects.
- The federal government spends about $600 billion annually, making it the world's largest consumer.
- Officials want evaluations of climate impact and cost-benefit analysis to protect health and environment.
- Critics say this may hurt fossil fuels and hinder traditional energy infrastructure development.