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https://www.parlia.com/o/joe-bidens-infrastructure-plan-should-prioritize

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ywang5y ago
**TL;DR: Joe Biden’s infrastructure plan presents a unique opportunity to balance the need of the environment, the economy, and energy sector workers. For this reason, this plan should prioritize environmental concerns.** The infrastructure plan should include federal subsidies for the energy transition. Congressional Democrats have already presented a clean energy tax break as an essential part of the upcoming plan. [1] Such tax programs in the past have stimulated significant economic gains and created the clean energy industry of today. Solar and wind energy particularly benefited from the subsidies. Over the past ten years, the wind energy industry has created about 114,000 jobs and $760 million in tax revenues. Solar energy has grown by 10,000 percent and generated $140 billion in economic activity. [2] Considering the likely slow recovery of the U.S. economy after the Covid-19 Pandemic, a green infrastructure plan can significantly stimulate the clean energy industry and empower economic growth. The infrastructure plan can ease the energy transition for fossil fuel workers. Currently, millions of workers in the U.S. still rely on fossil fuels for employment. A necessary energy transition could damage their livelihoods and hurt energy-dependent areas. An infrastructure stimulus, however, can soften the blow. The plan can allow different projects to provide jobs and economic activities. Research has suggested a particular benefit to low-income groups and people of color from these projects. [3] Therefore, the infrastructure plan offers a rare opportunity for a smooth and harmless energy transition. For these reasons, Joe Biden’s infrastructure plan should prioritize environmental concerns. [1]. Davidson, Laura, and Jennifer Dlouhy. 2021. "Democrats To Push Clean-Energy Tax Breaks In Infrastructure Plan". Bloomberg.Com. https://www.bloomberg.com/news/articles/2021-02-12/democrats-to-push-clean-energy-tax-breaks-in-infrastructure-plan. [2]. Smith, Grant, and Bill Walker. 2021. "Federal Energy Subsidies: What Are We Getting For Our Money?". Ewg.Org. https://www.ewg.org/energy/22777/federal-energy-subsidies-what-are-we-getting-our-money. [3]. Raimi, Daniel. 2020. "Environmental Remediation And Infrastructure Policies Supporting Workers And Communities In Transition". Resources For the Future. https://www.rff.org/publications/reports/environment-infrastructure-fairness-workers-communities/.
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