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31 Mar, 7 tweets, 3 min read
#ClimateAction is embedded throughout the 'American Jobs Plan,' including over $500b in what could be described as 'clean investment.' That's more than 5-times larger that the 2009 Recovery Act's spending on similar areas for context. An overview: nytimes.com/interactive/20…
The plan would invest:

$174 billion in incentivizing electric vehicle manufacture and purchase, building half a million charger stations

$85b for public transit investments

$80b for modernizing Amtrak and freight railways
$100b to build a more reslient electric grid & expand transmission to harness renewable energy

$46b for clean energy manufacturing

$46b for fed govt to procure fleets of EVs

$35b for 'climate technology' R&D

$16b for fossil workers transition

$10b for Civilian Climate Corps
It does not appear to have a $$ line item for clean electricity incentives, but calls for Congress to enact a Clean Electricity Standard. A CES or similar incentives can be passed via Budget Reconciliation, but will require additional appropriations. See filesforprogress.org/memos/evergree…
Details are stilll coming, but more than half a trillion dollars of 'clean investment' would probably be the MOST SUBSTANTIAL CLIMATE POLICY this nation has ever seen.

It's >5x larger than 2009 Recovery Act's ~$90b clean investment.

We may need more, but this is a BIG deal.
Here's more details in the fact sheet the White House just posted on the American Jobs Plan 👀 whitehouse.gov/briefing-room/…
Important addendum:

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More from @JesseJenkins

JesseJenkins Profile picture
31 Mar
The more I sit with the 25-page overview of the Biden #Infrastructure & #JobsPlan, the more it's clear: the measure of a plan is not the total $ it spends but its impact. There is a lot in this plan that isn't clearly scored w/$ figure. But the total impact looks transformative.
This #JobsPlan presents a vision for how to rebuild the U.S. economy. That vision clearly places at its center a set of investments to build a clean energy economy, enhance resilience to climate change & extreme weather, and address persistent environmental injustices.
Why do I say the #JobsPlan's clean energy investments look transformative?

My group at Princeton will be taking a close look at the plan & modeling its impact in coming weeks (as details become clearer), but let's take a first look at this thing together whitehouse.gov/briefing-room/…
Read 20 tweets
JesseJenkins Profile picture
31 Mar
*Very Biden voice* Folks, here's the deal:

At ~$1 TRILLION in total clean investment, what Biden is proposing in #JobsAct is not just bigger than clean investment in the Recovery Act of 2009 (~$90b), it's bigger than the ENTIRE Recovery Act (~$831b)!

Details #EnergyTwitter ⤵️
The White House Fact Sheet here details more than $550 billion in what we can classify generally as clean investment, incl:

$174b for EVs
$165b for public transit & rail
$100b for grid
$46b for clean energy manufacturing
$35b clean energy RD&D
& more: whitehouse.gov/briefing-room/…
IN ADDITION, @washingtonpost reports "The plan will also include approximately $400 billion in clean-energy credits on top of the $2.25 trillion in new spending."

That takes the total clean investment in the American Jobs Act to >$950 billion.

washingtonpost.com/us-policy/2021…
Read 4 tweets
JesseJenkins Profile picture
31 Mar
*Very Biden voice* Folks, here's the deal:

At ~$1 TRILLION in total clean investment, what Biden is proposing in American Jobs Act is not just bigger than the clean investment in the Recovery Act of 2009 (~$90b), it's bigger than the ENTIRE Recovery Act (~$831b)!

Details ⤵️
The White House Fact Sheet here details more than $550 billion in what we can classify generally as clean investment, incl:

$174b for EVs
$165b for public transit & rail
$100b for grid
$46b for clean energy manufacturing
$35b clean energy RD&D
& more:

whitehouse.gov/briefing-room/…
IN ADDITION, @washingtonpost reports "The plan will also include approximately $400 billion in clean-energy credits on top of the $2.25 trillion in new spending."

That takes the total clean investment in the American Jobs Act to >$950 billion.

washingtonpost.com/us-policy/2021…
Read 4 tweets
JesseJenkins Profile picture
29 Mar
🧵New paper in @NatureEnergyJnl evaluating long-duration energy storage technologies.

Innovative, low-cost storage could make a decarbonized electricity system more affordable and reliable, and partially substitute for clean firm generation.

Summary: bit.ly/LDES_summary
The full paper, led by @nsepulvedam with myself, @dhariksm, Aurora Edington and Richard Lester (old @mitenergy friends!) is at @NatureEnergyJnl here: doi.org/10.1038/s41560…

You can read a copy for a limited time at rdcu.be/chG2k
@MITNews summarizes the new study here: energy.mit.edu/news/powering-…

And I'll do the same with the rest of this thread...
Read 21 tweets
JesseJenkins Profile picture
29 Mar
After years of effort, a veto by @CharlieBakerMA, & passage of a new veto-proof bill, the #Massachusetts #Climate Roadmap Act is now law! 🎉👏

@MiriamWasser breaks down the law: amp.wbur.org/earthwhile/202…

50% GHG reduction by 2030, 75% by 2045 & Net-Zero by 2050!

#ClimateAction
Here's more details on the back and forth between the Massachusetts Legislature and @CharlieBakerMA over the climate law amp.wbur.org/earthwhile/202…
In addition to updating economy-wide emissions goals for the first time since 2008, the new law: codifies environmental justice rules, directs the utility commission to prioritize equity & emissions cuts, sets EV goals, requires more renewable energy, and much more.
Read 6 tweets
JesseJenkins Profile picture
26 Mar
🚨New Study🚨

The key to a 100% clean electricity future in California is Clean Firm Power!

Study led by @EnvDefenseFund & @CleanAirCATF w/3 modeling teams (incl. me).

Read about it in @ISSUESinST: issues.org/california-dec…

Read the full report at: edf.org/cleanfirmpower
Jane Long was fearless leader w/Steven Hamburg + @ArmondCohen1.

Modeling teams: Ejeong Baik @Stanford w/urbs model; myself @Princeton w/GenX; & @ethree_inc's @cleakolster @kiranpchawla & @ArneOlsonE3 w/RESOLVE.

Sally Benson, Rob Jackson, David Victor & @colvin round out team.
This major effort was assembled after California passed the landmark SB100 legislation in late 2018, setting a requirement to reach 100% carbon-free electricity by 2045.

Our question: how can California decarbonize by 2045 without sacrificing reliability or affordability?
Read 10 tweets

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