Washington D.C. — President Joe Biden unveiled his infrastructure agenda, the American Jobs Plan, which will direct US$2 trillion over eight years to upgrade the transportation system, push for a national clean energy standard, direct 40% of investments to disadvantaged communities, and create new jobs for workers impacted by the transition. The package also calls for huge investments in carbon capture projects and the repeal of fossil fuel subsidies and foreign tax credits. The plan will be paid for over 15 years with a proposed higher tax on corporations.
350.org US Policy Director Natalie Mebane said in response:
“It’s good to see the President propose action to address the climate crisis, racial injustice, and our crumbling infrastructure. Investing in our communities is the best chance this country has to Build Back Better — or better yet, Build Back Fossil Free. We’re happy to see a tax hike for corporations, the repeal of fossil fuel subsidies, an update to our electrical grid, and good, union jobs to ensure a just transition to a clean energy economy. Thanks to the influence of our movement, the plan includes solid environmental justice provisions including replacing every lead pipe in the country, capping orphaned oil and gas wells, investing in and retrofitting public and affordable housing, and directing 40% of investments to disadvantaged communities.
“We are disappointed with the investment in carbon capture projects that will only keep dirty power plants running. We want 100% renewable energy by 2030 that creates millions of jobs. The best way to decrease carbon emissions is to ensure a just transition and keep fossil fuels in the ground.
“To combat the climate crisis at scale, we must invest US$16 trillion in a transformative green infrastructure bill, that ends all funding to the fossil fuel industry and ensures a just, renewable future for all.”