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Build Back Better Plan.pdf

881e19_4a2278a998c7499586865d994f9b0d58.pdf

🔗 Source: fphconsultingservices.com

📊 Size: 537 KB

👤 Author: Charles

⬇️ Downloads: 116

Summary

President Biden's $2 trillion 'Build Back Better' plan, now known as the 'American Jobs Plan', focuses on clean energy upgrades, EV charging stations, and 5G networks, but does not specifically endorse natural gas spending, raising questions about the future of natural gas. Despite this, natural gas has been a key driver of cleaner energy, with US carbon emissions down 15% since 2005, and is well-positioned to continue playing a role in a cleaner future. However, the plan's emphasis on climate and clean energy reform, with $46 billion earmarked for clean energy manufacturing and $35 billion for climate-related R&D, may challenge the natural gas industry. As demand for natural gas remains high, particularly after the 2021 polar vortex that left millions without power, the industry's future is uncertain, with potential suspension of investments and policy-driven shortfalls in renewable energy investments potentially leading to power outages and increased prices.

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Description

President Biden's $2 trillion 'Build Back Better' plan, now known as the 'American Jobs Plan', focuses on clean energy upgrades, EV charging stations, and 5G...

Technical Information

File Format: PDF
File Size: 537 KB
Pages: 5
Language: EN
Author: Charles
Total Downloads: 116
Last Updated: 1 week ago

Document Overview

This PDF document about Build Back Better Plan provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Build Back Better Plan.