President Joe Biden this week is set to unveil details of a major infrastructure package that’s expected to include record spending on mitigating climate change and accelerating a nationwide transition to clean energy. The president is expected to introduce up to $3 trillion in spending on efforts to boost the economy, including rebuilding aging infrastructure like highways, bridges and rail lines, and investing in technologies to reduce planet-warming greenhouse gas emissions.
Some of the policies on the table include:
- Installing thousands of new electric vehicle charging stations
- Funds to build energy-efficient homes
- Constructing new electric power lines
By Emma Newburger. CNBC. March 29, 2021.