Additional Funding For Clean Infrastructure & Manufacturing Is Essential To Cement American Leadership In The Clean Energy Future. President Biden’s American Jobs Plan (AJP) proposed robust investments in transportation infrastructure, buildings and housing, and clean and competitive manufacturing that were designed to support communities, create jobs, and reduce carbon pollution. Unfortunately, those investments were stripped away almost entirely in negotiations for the bipartisan infrastructure deal—which is why Democrats must prioritize these investments in reconciliation. For example, the creation of a Clean Energy Technology Accelerator, aka Green Bank, in reconciliation will provide vital low-cost financing for clean energy infrastructure projects in market segments in which the private sector is underinvesting. And funding provided to the Department of Energy Loan Programs Office—including its Title 17 Innovative Energy Loan Guarantee Program and the Advanced Technology Vehicles Manufacturing (ATVM) program—will help drive clean and competitive domestic manufacturing and deployment of electric vehicles, advanced batteries, renewable energy and more.
Establishing A Civilian Climate Corps (CCC) Will Give Americans The Opportunity To Fight The Climate Crisis In Their Own Communities And Build A Climate-Ready Workforce. An updated version of the iconic New Deal era Civilian Conservation Corps, a 21st century CCC is one of the most popular provisions in President Biden’s Build Back Better Budget, especially among young people. Senator Ed Markey, who has championed the climate corps in Congress, has indicated that the reconciliation bill is likely to allocate robust investment for the CCC, and it is essential that Congress provides sufficient funding to ensure that every enrollee in the corps is paid a living wage and receives full benefits, including healthcare and an educational award.
>> Related: 5 Reasons to Love the Civilian Climate Corps <<
Eliminating Fossil Fuel Subsidies Will Free Up Federal Dollars For Additional Climate Investments AND Reduce Emissions. Currently, the federal government hands hundreds of billions every year to fossil fuel corporations, through both direct payments and indirect support for the industry. This money makes unprofitable projects profitable, and allows these companies to pollute more—causing death, disease, and catastrophic climate disasters. In budget reconciliation Congressional Democrats must seize the opportunity to end taxpayer subsidization of corporate pollution by closing these loopholes. In addition to changes to the tax code, Senator Chris Van Hollen’s Polluters Pay Climate Fund Act would require polluters to pay for some of the damage they have caused—this proposal is gaining momentum and should be included in reconciliation. Senate Democrats are also expected to include a methane pollution fee in reconciliation, to end the free ride enjoyed by methane polluters and confront the greatest short-term source of accelerating climate change.