Thread by @robbieorvis

1/10 @POTUS's #AmericanJobsPlan has some amazing ideas and funding for addressing #climatechange. I'm somewhat awestruck by the careful thought, detail, and ambition. If passed, it would catalyze the economy and deploy a lot of the needed infrastructure to decarbonize. Thoughts:

2/10 The plan makes a concerted effort to address transportation GHGs, by:
->Investing $85bn to address the backlog of public transit repairs
->Deploying 500k EV chargers by 2030
->Electrifying buses, incl. 20% of school buses
->Electrifying federal vehicle fleet, including USPS

3/10 It targets electricity emissions, by investing $100bn to:
->Fund a tax credit to build 20 GW of transmission and create a Grid Deployment Authority
->Extend the PTC/ITC and move to cash grants
->Create clean energy block grants
->Create a 100x2035 clean electricity standard

4/10 The plan also address non-CO2 GHGs by requesting $16bn to plug orphan oil and gas wells and abandoned mines, which leak methane, a potent GHG 28 times stronger than CO2

5/10 It also targets manufacturing GHGs, by:
->Funding 15 hydrogen demonstration projects through a new production tax credit
-> Funding 10 "pioneer" facilities demonstrating carbon capture retrofits
->Reforming and expanding 45Q, moving to direct pay, streamlining and broadening

6/10 On buildings, the plan is also ambitious, targeting emissions by:
->Funding retrofits of 2 million buildings
->Addressing restrictive zoning policies

7/10 The plan also aims for significant and much needed growth in US R&D, by:
->Investing $50bn via NSF to target advanced energy tech
->Investing $35bn climate tech, including launching ARPA-C
->Investing $15bn in climate demonstration projects for advanced energy technologies

8/10 It leverages the buying power of the federal government to cut emissions by:
->Procuring 100% clean energy for all federal buildings
->Electrifying the entire national vehicle fleet
->Drive growth in US manufacturing for key zero carbon technologies

9/10 Collectively, these proposals represent the most ambitious federal action on climate in our country's history. They would catalyze the clean energy transition and help deploy needed infrastructure. They are necessary (though not sufficient) to enable a low carbon future

10/10 In short: this is the plan we need.

None of this addresses the amazing equity, workforce, and pollution benefits that are also targeted in the plan, each of which is worthy of its own thread (but perhaps from experts in those areas - which I am not!)

/fin

@threadreaderapp unroll please

11/10 A couple of things I missed (there's so much in this plan!):
->Broad grants to support not just efficiency but also electrification in buildings
->A clean energy accelerator, i.e. green bank
->Incentives for EV sales seemingly aligned with the clean cars proposal