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What the new $1.2 Trillion infrastructure bill does

Duration: 14:48Views: 13KLikes: 578Date Created: Jan, 2022

Channel: TDC

Category: News & Politics

Tags: infrastructure investment and jobs actlondonpresident bidenteslarepublicanstorontobarack obamaunited statessolarindiabatterybipartisan infrastructure billrivianelectric carexcavatorpresident obamaconstructionlos angeleschicagojeff bezosinfrustructureplug in electric vehiclesmegaprojectnancy pelosidemocratselon muskamazonwashington dcevtdcmegacitiesnew york cityinfrastructureiiajjoe bidenpete buttigiegbridgemegaprojectswind

Description: Offset your carbon footprint on Wren: wren.co/start/tdc The first 100 people who sign up will have 10 extra trees planted in their name! Become TDC member: tdc.video The $1.2 trillion Bipartisan Infrastructure Law is the largest investment in America’s physical public assets in decades and the biggest commitment ever by the government to fight climate change. The bill expands the Buy America requirement for infrastructure materials, which will boost the American manufacturing sector and industries like steel production. Its core is an expansion on the 5-year transportation infrastructure law known as the FAST Act, passed in 2015. 45% of Americans lack access to public transportation and for every $1b spent on transit, 50,000 jobs are created. This bill will provide the largest investment in public transit in American history. Almost 40K people died in motor vehicle-related incidents in 2019, and unsafe road infrastructure is a major risk factor for these fatalities. On top of traditional infrastructure spending, the bill invests an unprecedented $550 billion over five years on dozens of innovative new programs. The bill builds out a national network of 500,000 electric car (EV) chargers to ease range anxiety and accelerate the switchover from gasoline to electric. $500m to electrifying school buses, $5b for zero emission public transit buses, and $2.5b toward electrifying the many ferries on our extensive waterways. To make sure these vehicles are powered by renewable electricity, the bill makes the largest investment in the energy grid in American history. Hundreds of substations and thousands of miles of new high voltage transmission lines will bring green electricity to cities as wind and solar are now the lowest cost sources of electricity. With 45,000 bridges in poor condition throughout the country, a new program will oversee $40b for repairs and rebuilds. The largest investment Amtrak's history will modernize the passenger rail network for our transportation and economic future. Airport and port delays jeopardize over 1 million jobs. The bill will fund repairs, improve logistics, reduce congestion, and increase electrification to reduce emissions. More than 30 million Americans live in areas with no high-speed internet infrastructure and are still suffering seconds-long waits to load pages and constant video buffering–or they have to go to a library or restaurant just to get something done. This historic investment will guarantee that every American has reliable broadband internet access. 10 million households and 400,000 schools lack access to safe drinking water. The Biden administration detailed its plan to try to replace every underground drinking water pipe in the country in the next ten years. About half of the children in the US have detectable levels of lead in their blood. In 2021, 20 weather disasters of $1b each killed 688 people. To build resilience to extreme weather, $71b on: Flood mitigation and waterway management by the Army Corps of Engineers; Water storage, recycling, and ecosystem restoration to help California and other western states deal with drought; Wildfire fighting like clearing dry brush and dead trees that fuel blazes. Accurately mapping inland and coastal flooding, next generation water modeling to predict, model, and forecast wildfires. $3.5 billion to protect communities from environmental hazards: rising seas, tornados, inland flooding, landslides, and earthquakes. Beefing up the Weatherization Assistance Program that helps low-income households afford energy efficiency improvements to their homes. $1 billion dollars to state and local governments to implement cyber security plans. Nuclear power plants accounted for 20% of the electricity generated in 2020. $6 billion to the safely operate these carbon-free sources of electricity, and and hydro-electric dams. A major source of methane are the thousands of leaking natural gas wells that were abandoned without being properly sealed. The department of energy will oversee $21 billion worth of programs, including: Clean hydrogen; carbon sequestration; direct air capture. Advanced nuclear technology, a safer alternative to the current generation of aging reactors Lower temperature pavement or tree cover Reducing carbon emissions with bike lanes, LED street lights, and zero-emissions construction equipment. A wildlife crossing pilot program. Smart technologies, connected vehicle systems, sensor-based infrastructure, drones, and smart grid technologies. Battery supplies controlled by foreign rivals like China, the bill builds a robust domestic battery supply chain, including the mining and production of critical minerals, sourcing materials for manufacturing, and even recycling critical elements without any need for new mining. The bill creates megaprojects: half $500m or more, and half $100m-500m. This video was sponsored by Wren Pittsburgh bridge collapse

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