A top economic adviser to Vice President Kamala Harris’ campaign for the White House has called for the United States to establish a new federal program to loan foreign countries billions of dollars so they can buy American-made green energy technologies.
In an essay published Tuesday at Foreign Affairs, economist Brian Deese ― who led President Joe Biden’s National Economic Council until last year ― called for a “Clean Energy Marshall Plan,” modeled and named after the U.S. government program that financed Europe’s postwar reconstruction and opened new markets for the booming American manufacturing sector.
“As after World War II, the United States can be generous as well as pro-American in its approach,” Deese wrote. “It can promote U.S. interests by scaling its industries to meet global needs while winning greater influence in this new geopolitical landscape. And it can meet developing countries where they are ― supplying them with the energy they need to…