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Illustration: Sarah Grillo/Axios

Joe Biden is making it increasingly clear that he'll push for a large increase in energy research, development and demonstration funding if he wins the White House.

Driving the news: The economic proposals Biden unveiled yesterday include $300 billion over four years for investments in R&D and "breakthrough" tech — and one of the focus areas is energy.

  • Plus, part of Biden's $400 billion "buy American" proposal yesterday says the administration would "commit to purchasing tens of billions of dollars of clean vehicles and products to support the expansion of clean energy generation capacity, ensuring we are on the forefront of the clean energy export markets of the future."

Flashback: The campaign already had called for spending $400 billon over 10 years on clean energy R&D and innovation.

What's next: The campaign is expected to unveil other new provisions in its climate and energy plans in the near future.

Go deeper:

Go deeper

Felix Salmon, author of Capital
Oct 15, 2020 - Politics & Policy

Where a potential Biden administration's stimulus money would go

Photo illustration: Sarah Grillo/Axios. Photo: Drew Angerer/Getty Images

The Biden administration's top priority, after virus control, will be "building a fiscal bridge to the other side of the crisis." That's what Jared Bernstein, a senior Biden economic adviser, told an IIF conference this week.

Why it matters: Biden has a very large and complex Building Back Better agenda, which includes some 800 different policy proposals and will cost some $3 trillion. But before even getting started on that, the Biden team plans to spend a lot of money — probably north of $1 trillion — on a short-term stimulus package.

The top Republicans who aren't voting for Trump in 2020

Photo: Brendan Smialowski/AFP via Getty Images

Maryland Gov. Larry Hogan said last week that he cannot support President Trump's re-election.

Why it matters: Hogan, a moderate governor in a blue state, joins other prominent Republicans who have publicly said they will either not vote for Trump's re-election this November or will back Biden.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus deaths reach 4,000 per day as hospitals remain in crisis mode — CDC warns highly transmissible coronavirus variant could become dominant in U.S. in March.
  2. Politics: Biden says, "We will manage the hell out of" vaccine distribution — Biden taps ex-FDA chief to lead Operation Warp Speed amid rollout of COVID plan — Widow of GOP congressman-elect who died of COVID-19 will run to fill his seat.
  3. Vaccine: Battling Black mistrust of the vaccines"Pharmacy deserts" could become vaccine deserts — Instacart to give $25 to shoppers who get vaccine.
  4. Economy: Unemployment filings explode againFed chair: No interest rate hike coming any time soon —  Inflation rose more than expected in December.
  5. World: WHO team arrives in China to investigate pandemic origins.