Administration Infrastructure Proposals Include Key Measures to Enable Existing Industries to Play a Leading Role in the Transition to a Net-Zero Emissions Economy

Washington, DC – The following is a statement from Sasha Mackler, director of the Bipartisan Policy Center’s Energy Project:

“While other elements in President Biden’s infrastructure proposals may be receiving more attention, the overall administration proposal includes a series of important measures to allow existing U.S. industries from all regions of the country to transition toward net-zero emissions by 2050. These provisions are crucial to reducing costs, improving productivity, and creating new markets for America’s existing industries, including those in transport, heavy manufacturing, and many other sectors.

“These provisions in the administration infrastructure proposal include:

• Large new investments in energy innovation, including commercial demonstration projects.
• Carbon management, capture and storage incentives to reduce industrial emissions.
• Permitting reforms to expedite new clean energy projects.
• Incentives for new technologies including clean hydrogen, advanced nuclear, and many others.

“Taken together, these and other measures, if enacted, can help major existing industries play key roles in U.S. decarbonization by mid-century, in keeping with climate science and goals. Such investment will also create domestic jobs, export markets for U.S. products and services, and reduce long-term costs of emissions reductions. As such, they represent crucial elements in the overall U.S. clean energy transition.”

Sasha Mackler is available for interview.