White House officials are preparing a USD $3 trillion infrastructure and jobs package that includes USD $400 billion to combat climate change.
Around USD $60 billion of this is related to green transit with USD $46 billion to climate research and development.
The plan would make electric vehicle charging stations available across the U.S, and make improvements to the electric grid and other parts of the power sector.
The plan, which will be presented to Joe Biden this week, also includes the construction of over one million affordable and energy-efficient housing units.
“The country has not had a real infrastructure bill since Dwight Eisenhower set up the highway system. This could do more for American manufacturing and blue-collar jobs than anything else,” said former Pennsylvania governor Ed Rendell (D), a proponent of infrastructure spending. “It’s crucial not just for Biden’s legacy but for the legacy of the American government in the next decade. It’s a seminal moment for the country.”