Today marks Super Tuesday Part II, where voters in fashion cities across the U.S.â€”from design communities in St. Louis and Detroit to denim makers in Tupelo, Mississippiâ€”will cast their ballots for the Democratic presidential hopefuls.
Weâ€™re also launching FIAâ€™s Fashion to Polls series today, where weâ€™ll highlight key policy and political issues on the campaign trail, starting with climate action.*
Climate action is an important issue for the fashion industry and communities around the world. And while presidential candidates Senator Bernie Sanders and former Vice President Joe Biden acknowledge that climate change is real, their policies differ.
Here are the candidatesâ€™ climate strategies:
Bidenâ€™s planâ€”called the Green Energy Revolutionâ€”would require the U.S. to achieve 100% clean energy and net-zero emissions by 2050, costing the U.S. government $1.7 trillion. Bidenâ€™s plan also specifically mentions the need to protect biodiversity, by â€śconserving 30% of Americaâ€™s lands and waters by 2030.â€ť
Sandersâ€™ planâ€”the Green New Dealâ€”would generate 100 percent renewable energy for electricity and transportation by 2030. Sandersâ€™ plan would also fully electrify and decarbonize Americaâ€™s transportation sector and make the renewable energy generated by the Green New Deal publicly owned. Sandersâ€™ climate plan costs $16.3 trillion, at a time when the Congressional Budget Office has projected a federal deficit of $1.0 trillion in 2020.
As weâ€™ve seen over the past few years, policy decisions in the U.S. have the potential to impact not just American fashion, but fashionâ€™s supply chain and partners around the world. We look forward to hearing from you as fashion heads to the polls.
*Detailed election outlook and policy analysis available for FIA clients.