The Infrastructure Investment and Jobs Act, passed by the US Congress and signed into law by President Biden on November 15th, 2021, is a landmark $1.2 trillion investment in America's infrastructure over the next five years.
The bill is the largest investment in infrastructure in decades, and it aims to improve the country's roads, bridges, ports, and public transit systems, among other areas. The Infrastructure Investment and Jobs Act (IJA) includes several provisions related to climate investments, including investments in clean energy, environmental remediation, and climate resiliency. Here's a breakdown of some of the key climate-related investments in the bill:
- $73 billion for power infrastructure, including clean energy transmission and storage, grid modernization, and investments in renewable energy.
- $7.5 billion for electric vehicle charging infrastructure, which will help to support the transition to clean transportation.
- $21 billion for environmental remediation and restoration, including the cleanup of abandoned mines, the removal of lead pipes from drinking water systems, and the remediation of Superfund sites.
- $47 billion for climate resiliency, including investments in weatherization and climate adaptation, flood control, and natural infrastructure.
Clean Energy Investments
The bill also includes significant investments in clean energy, with $65 billion allocated for expanding broadband access and $7.5 billion for electric vehicle charging infrastructure. The legislation also includes $21 billion for environmental remediation and restoration, including the cleanup of abandoned mines and the removal of lead pipes from drinking water systems.
With a focus on clean energy and sustainability, this $1.2 trillion legislation is a crucial step towards a more resilient and sustainable future.
Investments in Transportation
The Infrastructure Investment and Jobs Act includes significant investments in transportation infrastructure, with $110 billion allocated for roads, bridges, and major projects, $39 billion for public transit, and $66 billion for rail transportation. The bill also includes $17 billion for ports and $25 billion for airports, which will help to modernize and upgrade the country's transportation systems.
Job Creation
The Infrastructure Investment and Jobs Act is expected to create millions of jobs across the country, with an emphasis on hiring local workers and using American-made materials. The bill also includes funding for job training and apprenticeship programs, which will help to ensure that workers have the skills they need to succeed in the 21st-century economy.
The Infrastructure Investment and Jobs Act (IRA) includes funding for a wide range of grant programs, including:
The Infrastructure Investment and Jobs Act (IRA) includes funding for a wide range of grant programs, including:
Transportation Infrastructure Grants: The IRA includes over $100 billion in funding for transportation infrastructure grants, including grants for highways and bridges, public transportation, passenger and freight rail, and airports.
Broadband Grants: The IRA includes $65 billion in funding for broadband grants to support the expansion of high-speed internet access to underserved and rural areas.
Resilience and Sustainability Grants: The IRA includes $47 billion in funding for resilience and sustainability grants, including grants for natural infrastructure, flood control, and climate adaptation.
Environmental Remediation Grants: The IRA includes $21 billion in funding for environmental remediation grants, including grants for cleaning up abandoned mines, remediating Superfund sites, and removing lead pipes from drinking water systems.
Workforce Development Grants: The IRA includes $10 billion in funding for workforce development grants, including grants to support job training and apprenticeships in the infrastructure sector.
Electric Vehicle Charging Infrastructure Grants: The IRA includes $7.5 billion in funding for electric vehicle charging infrastructure grants to support the transition to clean transportation.
Port Infrastructure Grants: The IRA includes $17 billion in funding for port infrastructure grants to support the modernization and expansion of ports and waterways.
These are just some of the grant programs that are available under the Infrastructure Investment and Jobs Act. Each program will have its own eligibility requirements, application process, and deadlines. It's important to carefully review the guidelines and requirements for each grant program before applying to ensure that your project or organization meets the eligibility criteria.
The bill can be read in it's entirety here: