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Nicole Welle | April 5, 2021
President Joe Biden’s new $2 trillion infrastructure and jobs package includes a multi-billion dollar plan to combat the climate crisis and promote a nature-based infrastructure.
The plan includes $16 billion for capping abandoned oil and gas wells and $10 billion for the Civilian Climate Corps, a program that would create employment opportunities through conservation and restoration projects. To help pay for this, the proposal would raise the corporate tax rate to 28% and close tax breaks for oil and gas development, according to the Iowa Capital Dispatch.
There are currently over 2.3 million abandoned gas and oil wells in the United States, and they are leaking large amounts of methane into the atmosphere. By putting money towards capping them, the federal government plans to create jobs for workers displaced by the transition to renewable energy. This plan to create climate-friendly jobs shares similarities with the New Deal that President Fran
The 1930s American song
Brother can you spare a dime captures the hopelessness of the period. The words touch the heart even now, a worker lamenting the death of the American dream and reduced to begging: “They used to tell me I was building a dream / With peace and glory ahead / Why should I be standing in line / Just waiting for bread?”
Roosevelt offered his “New Deal,” and in his first 100 days he managed to get 15 new laws pushed through the US Congress to kick start the US economy and do something more: to rebuild faith that government in America could actually help people. Since then, the start of presidencies has been marked by a search for similar landmark achievements.