By Anthony Adragna
A bipartisan quartet of House legislators urged their leaders to include provisions creating a national green bank, supported by President Joe Biden, as part of sprawling infrastructure legislation.
The details: The lawmakers — Reps. Debbie Dingell (D-Mich.), Brian Fitzpatrick (R-Pa.), Paul Tonko (D-N.Y.) and Don Young (R-Alaska) — said establishing the $100 billion non-profit would take “a proven model” from states and broaden it to the federal level. They said doing so would create millions of jobs while allowing new clean energy technologies to scale.
“We are confronting multiple and intersecting crises—the COVID-19 pandemic, an economy in turmoil, societal injustice, and, above all, the climate crisis—all of which demand swift and bold action,” the bipartisan letter reads. “We do not have a moment to lose in this climate fight. The Clean Energy and Sustainability Accelerator Act can play a meaningful and immediate role in reducing carbon pollution and expanding good American job opportunities.”
The context: All four lawmakers co-sponsored legislation H.R. 806 (117) , led by Dingell and introduced in February, that would establish the national bank overseen by the Energy Department.Biden’s job plan calls for a smaller “$27 billion Clean Energy and Sustainability Accelerator.”
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