The White House this morning released a fact sheet on
The American Jobs
Plan, also known as President Biden s
infrastructure plan. There s a lot in here (as there
should be for a couple of trillion dollars!), so today I ll
focus on energy infrastructure. Here are the
highlights:
$100B to build a more resilient electric transmission
system. This includes the creation of a targeted
investment tax credit that incentivizes the buildout of at least
200 gigawatts of high-voltage capacity power lines.
Creation of a Grid Deployment Authority within DOE
to facilitate transmission line siting.
A ten-year extension and phase down of an expanded