1 April 2021
As many predicted, the pace of global change on climate is beginning to show signs of acceleration, with the US government announcing a major infrastructure plan that packages significant spending and regulations on the country’s greenhouse gas emissions and an international summit held by the International Energy Agency highlighting hastening change.
After a recent announcement to significantly expand US offshore wind deployment, Biden’s $2 trillion USD infrastructure plan includes a significant proportion that is directly or indirectly related to reducing emissions and upgrading energy-related infrastructure. The plan easily dwarfs the Obama-era post-global financial crisis stimulus, as noted by US energy expert Jesse Jenkins.