Highlights from August 2021

Each month OurEnergyPolicy features and highlights the latest additions to the OurEnergyLibrary, a free resource that aggregates and indexes publicly available studies, journal articles, reports, and other materials on U.S. energy topics. Containing more than 5,900 publications, the OurEnergyLibrary will help you stay up to date on the most relevant and impactful energy resources from academia, government, industry, non-profits, think tanks, and trade associations.


 

President Biden’s Infrastructure Bill

On August 10,  the U.S. Senate passed the bipartisan Infrastructure Investment and Jobs Act, a huge $1.2 trillion infrastructure package that took months of negotiations between Senate Democrats and Republicans and the White House. The bill would include $73 billion to update the electricity grid to handle an increase in renewable energy, $7.5 billion to construct electric vehicle charging stations, $17.5 billion for clean ferries and buses, and $15 billion for removing lead pipes.
 

Resources on the Infrastructure Bill


 

Clean Energy Standard

President Biden has committed his Administration to create an 80% clean energy grid by 2030 and 100% clean by 2035. Currently, approximately 60% of the nation’s electricity is generated from fossil fuels, and a federal clean energy standard would help the nation reach a higher percentage of clean power generation. A clean energy standard would require utilities to convert their energy sources away from fossil fuels like natural gas and coal to lower carbon renewables.
 

Resources on the Clean Energy Standard


 

Budget Reconciliation

While the infrastructure package is mainly focused on so-called “hard infrastructure,” like bridge and road improvements, the President Biden’s budget reconciliation bill is expected to fund social programs, including addressing climate change mitigation, amongst other things. Relating to energy issues, the bill would expand tax incentives for clean energy, manufacturing, and transportation. It would also institute a Clean Energy Payment Program to incentivize utilities to adopt clean energy.
 

Resources on the Budget Reconciliation


 

Climate Change & Guiding Principles for Sound Energy Policy