Thread by @douglewinenergy

As @POTUS signs the Infrastructure Investment & Jobs Act (aka Bipartisan Infrastructure Deal), a quick thread on what it *might* mean for Texas. There could be a lot more funding coming from the #BuildBackBetter package but here’s a look at what’s already passed
#txenergy #txlege

For each section, I have applied 9% of national funding to Texas. BUT, and this should be a question asked of all candidates in 2022, some of these funds are distributed through grants, not formulas.

If Texas doesn’t apply, our tax $ go to other states.
#txlege #txenergy 2/

One part I’ll be watching closely is the $5b in grid resilience funds, $1b per year, half to utilities, half to states. That’s $45m per year for 5 years for Texas to improve grid resilience *if* Texas policymakers pursue it. And another $45m/yr for Tx utilities. #txlege

Perhaps the most important part for #txenergy is the “$21.5 billion in funding for clean energy demonstrations and research hubs focused on next generation technologies.”

$8b for Hydrogen and $10b for carbon capture.
energy.gov/articles/doe-f…

(Cont)
#txlege

#Texas should dominate these industries. We have the know how in our workforce and the companies, including oil and gas companies, that want to lead. What we’re missing is political will. Huge potential here for Texas industries and economic development
#energytwitter 5/

@Energy says $8b for clean hydrogen “will turbo-charge our progress toward heavy trucking and industrial sectors that run without producing carbon pollution.” Texas industry could win or lose big in coming years. This, and #buildbackbetter, is a big opportunity for #txenergy 6/

Note the language from @energy on #carboncapture: “skills-matched opportunities for fossil fuel workers.” Anyone who supports oil and gas workers, you should be all in on this, just like is all in on CCUS like @weareoxxy #txlege #txenergy 7/

houstonchronicle.com/business/energ…

There’s also “$1 billion for demonstration projects in #rural areas and $500 million for demonstration projects in economically hard-hit communities.”

Texas share = $135m

Will we pursue this? Our rural and urban communities need it.
#txlege

#EV charging and Hydrogen fueling infrastructure: Highway Trust Fund of $2.5 billion for charging and fueling infrastructure grants.

Texas share = $225m, more than the entire VW settlement.

TCEQ recently released $20m of VW funds for charging grants, it was gone in 7 hours.

Support for #nuclear. From @energy fact sheet: "Allocate $6 billion for the Civilian Nuclear Credit program to prevent premature retirement of existing zero-carbon nuclear plants." That could mean $100s of millions for Texas’ four nuclear units owned by @NRGenergy and @vistracorp

These are only a few of the things in the bill, there's much more and you can see it in this great @JesseJenkins spreadsheet

docs.google.com/spreadsheets/d…

Also, great summary from Senator Cantwell here:
cantwell.senate.gov/imo/media/doc/…

This is a small fraction of what's in the bill but hopefully shows how massive this *could* be for Texas. Unless we choose to let our tax dollars go to other states.

Going to be very important to track this going forward.
End thread #txlege #txenergy