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Inside the $1.2 TRILLION Plan to Modernize US Infrastructure - YouTube
Channel: TDC
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The $1.2 trillion Bipartisan Infrastructure Law
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is the largest investment in America’s
physical public assets in decades
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and the biggest commitment ever by the government
to fight climate change. It’s going to have a
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major impact throughout the United States, so
I wanted to lay out what it does, particularly
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the measures aimed at cutting emissions–since
that’s what this series is all about.
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Some have said they don’t think this
bill goes far enough on climate,
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but the incentives offered through these programs
are actually quite substantial and cover many
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sectors of the economy. They will also expand many
city- and county-run programs that have succeeded
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on a local level, enabling them to be implemented
on a national scale. Many of these initiatives and
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technologies will receive more funding than
they have before anywhere in the world.
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The bill also expands the Buy America requirement
for infrastructure materials, which will give a
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much-needed boost to the American manufacturing
sector and industries like steel production.
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Its core is an expansion on the 5-year
transportation infrastructure law known
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as the FAST Act, passed in 2015.
So without further ado,
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this is what’s in the BIL.
45% of Americans lack access to public
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transportation and for every $1 billion spent on
transit, 50,000 jobs are created. This bill will
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provide the largest investment in public transit
in American history, improving accessibility and
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safety for millions of commuters, while reducing
transportation sector emissions overall.
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Almost 40K people died in motor
vehicle-related incidents in 2019,
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and unsafe road infrastructure is a major risk
factor for these fatalities. In rural communities,
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up to 40% of roads and 50% of major bridges are
considered structurally deficient or inadequate
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for travel. This bill will repair and rebuild our
roads and fund the first ever Safe Streets and
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Roads program to reduce traffic deaths.
On top of traditional infrastructure
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spending, the bill invests an
unprecedented $550 billion over five years
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on dozens of innovative new programs.
Plug-in electric vehicle adoption
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is currently hindered by major geographical
gaps in the availability of charging stations.
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To meet the goal of EV’s making up at least
50% of all new car and truck sales by 2030,
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the bill builds out a national network of 500,000
chargers to ease range anxiety and accelerate the
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switchover from gasoline to electric.
The EV revolution has begun here in America,
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but we lag far behind when it comes to electric
buses and ferries. To change that, half a billion
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dollars will go toward electrifying the nation’s
school buses, $5 billion for zero emission public
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transit buses, and $2.5 billion dollars toward
electrifying the many ferries on our extensive
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waterways. All of these technologies are currently
dominated by foreign companies, so given the Buy
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American requirement, this investment will
give American companies a big leg up.
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To make sure these vehicles are powered by
renewably-generated electricity, instead
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of fossil fuels, the bill makes the largest
investment in the energy grid in American history.
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One of the factors holding renewables back in
the United States is that solar panels and wind
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turbines tend to be built in rural areas where
there is empty land. But these areas usually
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lack access to the high voltage transmission
lines needed to move electricity efficiently
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over long distances. The bill solves that problem
by funding hundreds of substations and thousands
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of miles of new transmission lines to bring
renewably-generated electricity to cities
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across America. This will also lower everyone’s
energy bills because wind and solar are now the
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lowest cost sources of electricity in the country.
As we build more, they will become even cheaper.
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The potential of this investment to transform
the US electricity landscape over the next decade
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is enormous, and I’ll be dedicating
an entire episode to it soon.
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With 45,000 bridges in poor
condition throughout the country,
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a new program will oversee $40 billion for repairs
and rebuilds, with a particular focus on the
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most economically significant crossings.
The largest investment in the 50+ year history
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of Amtrak will modernize America’s
lagging passenger rail network,
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positioning it to play a central role in our
transportation and economic future. A central aim
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is to make rail travel an affordable, efficient,
and enjoyable option, so trips in heavier-emitting
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cars and airplanes are reduced.
Defects in airports and ports cause delays and
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jeopardize over 1 million jobs. Without adequate
investments to maintain and upgrade these critical
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systems, many US industries will continue to see
significant reductions in manufacturing potential
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that reduce GDP and increase prices
for consumers, as we’ve seen with the
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bottlenecks and inflation as we struggle through
COVID shutdowns. The bill will fund repairs,
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improve logistics, reduce congestion, and increase
electrification to reduce emissions.
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More than 30 million Americans live in areas
with no high speed internet infrastructure
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and are still suffering seconds-long
waits to load pages and constant video
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buffering–or they have to go to a library or
restaurant just to get something done.
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Eva Melancon and her husband and three kids have
tried all they can to get internet access in
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Sissonville, WV. Though Frontier is one of the
only providers in their area, it’s not even an
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option for their house.
We had Wild Blue satellite.
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We had Hughes Net satellite. Then we gave up
on satellite because if it rained or snowed it
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didn’t work. We’ve tried to get regular internet
at the house, Suddenlink or Frontier–they just,
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they won’t come up to our house.
This historic investment will guarantee that every
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American has reliable broadband internet access.
That’s a really big deal because in our economy,
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fast internet is life. Beyond
bringing every area up to speed,
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the bill makes permanent a program -
started during the pandemic - that gives
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low-income Americans a $30 a month
voucher for Internet service.
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10 million American households and 400,000 schools
and childcare centers lack access to safe drinking
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water. In 2016 a national scandal erupted when
up to 12,000 children in Michigan were exposed to
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lead after the Governor allowed the water supply
for the city of Flint to become contaminated. Nine
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officials were charged with 34 felony crimes, and
victims were awarded a $641 million settlement.
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Soon, many other parts of the country became
aware of their own lead contamination problems.
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This bill makes improvements in water
infrastructure a national imperative.
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Today the Biden administration detailed its plan
to try to replace every underground drinking water
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pipe in the country in the next ten years. About
half of the children in the US have detectable
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levels of lead in their blood.
In 2021, 20 weather disasters with
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losses exceeding $1 billion each affected the
United States, killing a total of 688 people.
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Adjusted for inflation the average number
of these events from 1980–2021 is 7.4,
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but the average for the most recent 5 years
(2017–2021) is 17.2 events–then more per year.
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To make the country more resilient to extreme
weather, a historic $71 billion worth of programs
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will be implemented, including:
Flood mitigation and waterway management
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by the Army Corps of Engineers;
Water storage, recycling, and ecosystem
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restoration to help California and other
western states deal with drought;
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Wildfire fighting efforts like clearing
dry brush and dead trees that fuel blazes,
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and properly compensating the difficult and
deadly work of wildland firefighting;
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Accurately mapping and forecasting inland and
coastal flooding, including next generation
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water modeling activities; and efforts to
predict, model, and forecast wildfires.
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A $3.5 billion competitive grant program to
protect communities and public assets from
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environmental hazards, like rising seas, tornados,
inland flooding, landslides, and earthquakes.
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Beefing up the Weatherization Assistance Program
that helps low-income households afford energy
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efficiency improvements to their homes that
save them money and cut emissions.
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Cybercriminals targeted the government sector in
the United States more than any other group in
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the world last year. Nationstate actors have
also shown an increased willingness to use
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digital attacks to impact important physical
infrastructure, like the Colonial Pipeline
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cyberattack that led to the shutdown of the
largest conduit for gasoline in the United States,
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and the Oldsmar water plant incident in Florida
where cyber actors obtained unauthorized access
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to the control system’s software to increase the
concentration of sodium hydroxide in the water
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supply for a city of 15,000. The bill sends over
$1 billion dollars to state and local governments
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to implement cyber security plans, and promotes
best practices to secure the energy sector.
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Nuclear power plants accounted for 20% of
the electricity generated in America in 2020.
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But with 21 reactors undergoing decommissioning
and only two new reactors under construction,
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in order to prevent further premature
retirements, the bill dedicates $6 billion
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to the safe operation of these carbon-free
sources of electricity. Maximizing their
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lifespan is critical until renewables and
utility scale storage can meet demand.
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The same principle is true for our
existing fleet of hydro-electric dams.
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The bill invests $700 million to keep them
operating safely and efficiently as the
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energy transition continues.
A major source of methane is the
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thousands of leaking natural gas wells that were
abandoned without being properly sealed.
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So the air right down there is
almost enough to light on fire.
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The bill fully funds a program
to find and cap them.
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To develop the technologies to
decarbonize the toughest sectors,
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the department of energy will oversee $21
billion worth of programs, including:
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Developing clean hydrogen to minimize heavy
trucking and industrial sector emissions;
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Scaling and lowering the cost of
carbon and direct air capture,
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which pulls carbon out of the atmosphere and
sequesters it. The basic technology already
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exists, but it’s still far too expensive.
And advanced nuclear technology, which are
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safer alternatives to our current generation of
aging reactors. Of the potentially game-changing
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solutions on the horizon, this is one of the most
promising for quickly getting the world to net
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zero emissions. Reactors would be smaller, able
to be scaled quickly, and could produce both the
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heat necessary for heavy industry and generate
the electricity needed for entire cities.
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And last but not least, these programs will
fund the kinds of bold, innovative solutions
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every region needs to grow in a more
dynamic and sustainable way:
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A program to install lower temperature
pavement or tree cover to cool sweltering
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asphalt that blankets our urban centers.
Reducing carbon emissions by encouraging
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non-motorized users of the road, replacing
streetlights with energy-efficient alternatives,
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and acquiring zero-emissions
construction equipment.
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To carry out a variety of infrastructure projects
at an 80% federal funding share, a flexible grant
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program for counties that has been very popular
over the years will be expanded. Formerly known
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as TIGER and BUILD, the RAISE program will split
money evenly between rural and urban areas.
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This program alone could fund more than
1,800 projects costing $10 million each.
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To reduce dangerous animal traffic collisions
and improve habitat connectivity the bill
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creates a wildlife crossing pilot program.
With smart technologies ready to strengthen
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mobility or revolutionize transportation, the
bill helps counties implement connected vehicle
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systems, sensor-based infrastructure,
drones, and smart grid technologies.
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With our dependence on batteries set to
grow immensely - and current supplies often
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controlled by foreign rivals like China - the bill
builds a robust domestic battery supply chain,
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including the mining and production of critical
minerals, sourcing materials for manufacturing,
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and even recycling critical elements
without any need for new mining.
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In order to take full advantage of the unique
position the Secretary of the Department of
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Transportation will be in to identify and evaluate
needs and opportunities throughout the nation’s
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transport system, the bill creates a competitive
grant program to fund impactful megaprojects:
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with half costing $500m or more,
and half between $100m-500m.
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This works out to around two to three dozen pieces
of world class transportation infrastructure
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that will be built in the next five years that
would otherwise not have been possible.
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So didya get all that? I know it’s a lot.
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As Alice Hill, who directed climate risk planning
in the Obama White House, told the New York Times,
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“This greatly exceeds anything we were
able to get under the Obama administration.
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We’ve made enormous progress.”
And here’s how climate journalist
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David Roberts described the bill:
This would be transformative–it’s an enormous
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amount of money. I mean, Obama, Obama’s
stimulus had $90 billion for clean energy
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and sparked market revolutions in those markets
- in solar, and wind, and batteries - that have
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brought the cost down by many many multiples
since then, and this is six times that. So
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it’s gonna be huge.
If you want to dig a lot deeper,
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consider supporting this Climate Change Solutions
Show with a membership to TDC.video to unlock
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bonus content, like extra long episodes or -
for this video - my research links, organizing
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the most helpful links into a tidy document, so
check them out if you want to learn more.
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And speaking of services that save you time and
stress, check out Wren. Wren is a website where
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you can calculate your carbon footprint,
then offset it by funding a diverse mix
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of carbon reduction projects. It couldn’t be more
straightforward: just answer a few questions about
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your lifestyle to find out your carbon footprint.
Every project on Wren has a monitoring plan
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using tools like satellite imagery or
measuring tree trunks so you can trust
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that they’re making you carbon neutral. This
project pays subsistence farmers in East Africa
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to plant trees and sequester carbon. Wren pays
farmers for how much carbon is sequestered, and
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their farms become more productive because growing
trees improves yield and soil quality. Offset your
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carbon footprint on Wren through the link in the
description. The first 100 people to sign up will
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have 10 extra trees planted in their name. For
a few dollars a month you’re offsetting your
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emissions and supporting your fellow man: win–win,
just like the Bipartisan Infrastructure Bill.
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Until next time, I’m Bryce
Plank, thanks for watching.
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