Your editorial, “Biden climate pledge resonates in Maryland even if not with its governor” completely misses the mark in its insinuations about the environmental record of Gov. Larry Hogan’s administration.
Published April 30, 2021 Danielle Ternes
The following is a contributed article by Ben Hertz-Shargel, a nonresident senior fellow at the Atlantic Council Global Energy Center.
Decarbonizing the nation s electric grid and transportation system is one of the chief aims of the Biden administration s new infrastructure plan. The plan calls for significant investment in clean energy resources, such as offshore wind, as well as electric vehicles (EVs) and their charging infrastructure.
Pundits initial focus has been on the jobs that the American Jobs Plan could create. Equally important, however, will be the returns on both public and private capital that the investments generate, and this will depend to a large degree on how well they are leveraged within power markets.
It also may be the Democrats domestic high water mark.
All the more important that the president went big (I wrongly thought perhaps a little too big), heard out Republicans who weren t interested in what was needed, and with skillful congressional leaders kept remarkable unity within the disparate Democratic caucuses; it was backed by the ultra-liberal Rep. Alexandria Ocasio-Cortez
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The $1.9 trillion measure will get the country back sooner to near normal, after the pandemic scourge, expedite school openings and accelerate an economic boom in the second half of this year. It will ease the sufferings of those millions still out of work, take 13 million out of poverty, and could cut child poverty in half.