The infrastructure deal struck this week is full of electric vehicle and climate investments—evidence that both parties are embracing clean energy spending once considered a pipe dream.
The plan includes $7.5 billion that is the first-ever national investment for electric vehicle charging stations. The $73 billion to upgrade U.S. electricity infrastructure and $39 billion for public transit are the largest investments in those areas to date, according to the Biden administration.
“This is a strong statement about the political consensus now to reinvest in infrastructure and to make substantial commitments to addressing climate needs,” said Alex Flint, a former Senate ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.
