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On March 31, 2021, President Biden released his $2 trillion infrastructure plan (the “Infrastructure Plan”) intended to target grid modernization, energy efficiency, and renewable energy development as part of the Administration’s ongoing effort to achieve a net-zero emissions power sector by 2035, and net-zero economy by 2050. In response to the recent Texas power crisis, the Infrastructure Plan proposes a $100 billion investment to modernize the electric grid with at least 20 GW of high-voltage capacity power lines. The Biden Administration also proposes creation of a Grid Deployment Authority at the Department of Energy to leverage existing rights-of-way and support creative financing tools to encourage high-voltage transmission lines.
Thursday, April 8, 2021
On March 31, 2021, President Biden released his $2 trillion infrastructure plan (the “Infrastructure Plan”) intended to target grid modernization, energy efficiency, and renewable energy development as part of the Administration’s ongoing effort to achieve a net-zero emissions power sector by 2035, and net-zero economy by 2050. In response to the recent Texas power crisis, the Infrastructure Plan proposes a $100 billion investment to modernize the electric grid with at least 20 GW of high-voltage capacity power lines. The Biden Administration also proposes creation of a Grid Deployment Authority at the Department of Energy to leverage existing rights-of-way and support creative financing tools to encourage high-voltage transmission lines.
Environmental News For The Week Ending 03 April 2019
This is a collection of interesting news articles about the environment and related topics published last week. This is usually a Tuesday evening regular post at
GEI (but can be posted at other times).
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Note: Because of the high volume of news regarding the coronavirus outbreak, that news has been published separately:
There hasn t been much change in the trajectory of either US Covid metric: new cases continue to increase at a modest pace, while US Covid deaths continue to fall. New cases of Covid confirmed over the week ending April 3rd were 5.9% higher that those confirmed over the week ending March 27th, and 15.9% higher than those of the week ending March 20th, while US Covid deaths during the week ending April 3rd were 12.2% lower than the prior week, and down 74.7% from the peak week in late January.
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On March 31, 2021, President Biden unveiled his American Jobs Plan (the “Plan”), proposing to spend about one percent of U.S. Gross Domestic Product per year over eight years in infrastructure repairs and enhancements, manufacturing research and development, small business growth and workforce training. The Plan aims to spend about $2 trillion nationwide in the next decade.
The Plan likely will have a significant impact on the construction industry. Although specifics have not been revealed, including allocations to specific states or areas, the Plan includes roughly $1.3 trillion in spending for construction projects across various industries and communities, including $621 billion for repairs and creation of new surface transportation networks such as highways, bridges, ports and rail; $100 billion for resilience of the infrastructure; $111 billion for clean drinking water projects; $100 billion for broadband infras