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The Biden-Harris administration announced its American Jobs Plan, a legislative framework laying out an ambitious $2 trillion investment in physical and human infrastructure, on March 31. The bulk of the proposed spending is directed to rebuild US infrastructure in the form of physical improvements on roads, bridges, airports, and ports, with additional investment and tax credits to support clean energy generation and storage, electric vehicles, and energy efficiency.
The
American Jobs Plan(Plan) also includes significant proposed investments for housing and school construction, expansion of home- or community-based care for the elderly and those with disabilities, increased access to high-speed broadband internet, and manufacturing and research and development (R&D). The administration ties the federal investments in clean energy and infrastructure to a requirement to provide prevailing wages and requires transportati
Biden s American Jobs Plan Prioritizes Renewable Infrastructure Investment Opportunities | Locke Lord LLP
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Biden Administration Proposes Major Investments In Energy As Part of Infrastructure Proposal | Beveridge & Diamond PC
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Governors Wind Energy Coalition
Biden’s Big Infrastructure Plan Would Further Boost Renewable Energy Source: By Russell Gold, Wall Street Journal • Posted: Thursday, April 1, 2021
The president’s proposal to address climate change would extend wind and solar tax credits another decade, and create new incentives for transmission lines
Transmission lines have proven notoriously difficult to build amid opposition from landowners. Photo: Justin Sullivan/Getty Images
President Biden’s $2.3 trillion infrastructure plan would supercharge an already booming clean-power sector by expanding subsidies and addressing key bottlenecks impeding the shift to a greener grid.
The plan, unveiled Wednesday, calls for the creation of a new tax credit to support the construction of high-voltage transmission lines, a major roadblock for the build-out of renewable energy.
Paper plates and school buses: What you might have missed in Biden s infrastructure plan
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