Biden’s proposed infrastructure goals are good news for renewables

Biden’s fresh off the presses infrastructure package includes a significant investment in boosting the US power infrastructure and renewable energy development. It involves an investment of $100 billion from Congress, and on the list is building a more resilient grid, cutting energy bills for the middle class, sprucing up air quality and respondent public health, and job growth (including the option to join a union). The plan asks for a 10-year extension and phase down of direct-pay ITC.