Biden pledges huge US spending on green goals at G20 summit


Source: nypost.com nypost.com

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President Biden on Saturday pledged a massive infusion of US taxpayer dollars in Asian and African railroads and green infrastructure in a bid to counter China’s Belt and Road Initiative, Beijing’s multi-billion-dollar influence effort. “This is a big deal,” Biden said at the G20 summit in New Delhi, India. “This is a really big deal.” The White House promised more than $1 billion of US funding — with much more to come — during Biden’s meetings with the leaders of India, the European Union, Saudi Arabia and others representing the world’s largest economies. At the top of Biden’s agenda was...