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Renewable energy often referred to as clean energy (comes from natural sources or processes that are constantly replenished.) For example, sunlight or wind keeps shining and blowing, even if their availability depends on time and weather.

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In 2019 the United States Spent 55.5 billion dollars on renewable energy. President Biden's clean energy plan is set to cost 1.7 trillion dollars over a span of 10 years. This plan would boost renewable power and speed introduction of electric vehicles. This would be achieved through tax credits, boosted research and development into technologies including large-scale battery power storage and carbon capture and minimization, and modernizing infrastructure, including the nation’s electricity grid and a nationwide network of public charging stations for EVs. If it passes, ordinary consumers will get subsidies for switching to electric cars, a “cash for clunkers″ like incentive to trade in gas guzzlers, and more of their home electricity will come from wind or solar sources.

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- Biden's plan is estimated to create around 8.8 million jobs.
- According to the Intergovernmental Panel on Climate Change, rising levels of carbon in the atmosphere will raise worldwide average temperatures by 1.5 degrees Celsius between 2030 and 2052. That is expected to set off a long list of effects, from more frequent coastal flooding and higher fire risks to more-frequent hurricanes along the U.S. eastern seaboard, the IPCC’s 2018 report says.
- Most of the US's carbon emissions come from transportation and producing electricity which Biden's plan would help lessen.

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"Government should lead the way"

-  This side argues for an active government role in financing renewable energy
- they promote an active government role in providing economic incentives for investors to transition to renewable energy.
- They think that if investing in renewable energy is left to private companies, it will take longer for them to invest therefore delaying the creation of technologies that would benefit society and the environment.

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"leave it to the market"

- This side argues that there is no need for an active role of government when it comes to renewable energy
- The market will invest in renewable energy on its own once it becomes cost effective
- The cost of things like PV technology, wind turbines, energy storage, and other clean energy technology have decreased over time, they have become competitive in their own right and it would have been inefficient for the government to invest in uneconomic technologies at an early stage.
- The government has no place picking what private companies should invest in because they know no better than private investors on whats smart to invest in.
- The cost of various energy sources is too uncertain.

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"To what extent should the government finance renewable energy investment in the US?" 

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"To what extent should the government finance renewable energy investment in the US?" 

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Graylee, Kai. "Beyond the Debate: The Role of Government in Renewable Energy
Finance." Beyond the Debate, 15 Dec. 2012, sitn.hms.harvard.edu/flash/2012/
energy-finance/. Accessed 1 Mar. 2021.

Mullaney, Tim. "How Biden's $1.7 Trillion Climate Plan Would Change America
after Trump's Big Oil Presidency." CNBC, 1 Oct. 2020, www.cnbc.com/2020/10/
01/bidens-1point7-trillion-climate-plan-would-be-blow-to-big-oil-.html.
Accessed 1 Mar. 2021.