WITH
WITH YOUR
WITH YOUR VERIFY, I'M ARIANE. LARRY: PRESIDENT BIDEN'S
INFRASTRUCTURE PLAN COMES WITH
MORE THAN ROADS AND BRIDGES.
ELECTRIC GRIDS, EXPANDED
INTERNET ACCESS, MODERNIZED
SCHOOLS AND MILLIONS OF JOBS.
IT IS SENT TO TRY TO TACKLE
CLIMATE CHANGE AS WELL WITH
INVESTMENTS IN ELECTRIC VEHICLES
AND RENEWABLE ENERGY.
PRESIDENT BIDEN SAYS WE ARE
ALREADY SEEING THE IMPACT OF
CLIMATE CHANGE AND THAT PEOPLE
OF COLOR AND THOSE WITH LOWER
INCOMES ARE BEING HIT THE
HARDEST.
HARDEST.
HARDEST. DOES THE PLAN GO FAR ENOUGH?
JOINING US NOW IS MARK C
JACOBSON.
JACOBSON.
JACOBSON. DR. JACOBSON, IT'S GOOD TO SEE
YOU.
YOU.
YOU. >>
YOU. >> THANKS FOR HAVING ME.
LARRY: FROM YOUR ESTIMATE, DOES
THIS PLAN GO FAR ENOUGH TO
MITIGATE THE EFFECTS OF CLIMATE
CHANGE?
CHANGE?
CHANGE? >> IT DOESN'T GO ALL THE WAY FAR
ENOUGH BUT IT IS A GOOD START.
WE PROBABLY NEED A FACTOR OF 10
MORE SPENDING BUT IT DOESN'T ALL
HAVE TO COME FROM THE FEDERAL
GOVERNMENT.
GOVERNMENT. IT HAS ABOUT $100 BILLION FOR
THE TRANSPORTATION DISTRIBUTION
INFRASTRUCTURE.
INFRASTRUCTURE. IT HAS ABOUT $147 BILLION FOR
ELECTRIC VEHICLES AND REPLACING
THE POSTAL VEHICLE FLEET WITH
ELECTRIC VEHICLES AND SCHOOL
BUSES.
BUSES.
BUSES. CHILDREN ARE EXPOSED TO DIESEL
EXHAUST ON THE SCHOOL BUSES.
ELECTRIFYING THOSE IS HELPFUL.
THERE IS A LOT OF MONEY GOING TO
ENERGY EFFICIENCY IN BUILDINGS.
THERE IS ALSO MONEY GOING TO
EXTENDING FOR TAXPAYERS SOLAR
AND WIND.
AND WIND.
AND WIND. PRESIDENT BIDEN PROPOSE TO PUT
30 GIGAWATTS OF OFFSHORE WIND.
THAT IS THE BIG STEP AS WELL.
WE NEED TO TRANSITION THE ENTIRE
ENERGY.
ENERGY.
ENERGY. WE NEED ABOUT EIGHT TO 10 TIMES
THAT AMOUNT.
THAT AMOUNT. >> IT LOOKS LIKE A DROP IN THE
BUCKET.
BUCKET.
BUCKET. THE PRESIDENT SPOKE SPECIFICALLY
ABOUT WHAT CLIMATE CHANGE IS
DOING.
DOING.
>>
>> IT
>> IT HAS
>> IT HAS A BETTER EFFECT ON REDUCING AIR POLLUTION.
IT WILL RESULT IN THE
REPLACEMENT OF FOSSIL FUEL
PLANTS THAT ARE DRILLING AND
MINING NEAR COMMUNITIES WITH
CLEAN OR RENEWABLE ENERGY
SOURCES OR ELIMINATING THOSE
ENERGY SOURCES IN THE UNITED
STATES.
STATES.
STATES. A
STATES. A LOT OF THESE ARE IN VULNERABLE
COMMUNITIES BECAUSE THEY ARE
CLOSER TO THE SOURCES OF
POLLUTION.
POLLUTION. THE DIRECT IMPACT WILL BE TO
ELIMINATE A LOT OF SOURCES OF
POLLUTION NEAR THESE
COMMUNITIES.
COMMUNITIES. IT WILL TAKE A LONG TIME FOR THE
CLIMATE TO ADJUST TO ITS
PRE-INDUSTRIAL REVOLUTION
PRE-INDUSTRIAL REVOLUTION VALUES.
VALUES.
VALUES. WE CANNOT SAY THAT THIS WILL
REDUCE THE IMPACT OF CLIMATE
CHANGE.
CHANGE.
CHANGE. THERE MIGHT BE MINOR BENEFITS,
BUT MORE LONG-TERM BENEFITS IN
TERMS OF CLIMATE, AND SHORT-TERM
IN TERMS OF AIR POLLUTION.
LARRY: PRESIDENT BIDEN SAYS THE
BILL WILL CREATE 19 MILLION
JOBS, MOST OF WHICH WOULD NOT
REQUIRE A COLLEGE DEGREE.
DOES THAT SHAKE OUT TO BE TRUE
AND WHAT WILL THE JOBS LOOK
LIKE?
LIKE?
LIKE? >>
LIKE? >> THERE WILL BE JOB CREATION,
NO DOUBT.
NO DOUBT.
NO DOUBT. WE HAVE DONE OUR OWN
CALCULATIONS AND WE ARE LOOKING
AT TRANSITIONING THE ENTIRE
UNITED STATES.
UNITED STATES. WHEN HE SAID 19 MILLION, A LOT
OF THESE ARE SHORT-TERM FOR
CONSTRUCTION.
CONSTRUCTION. WHEN WE DO OUR CALCULATIONS FOR
THE WHOLE U.S., WE FIND THAT
LONG-TERM JOBS, ABOUT 5 MILLION
LONG-TERM JOBS.
LONG-TERM JOBS. IT'S A BIT APPLES AND ORANGES
BECAUSE HE IS TALKING ABOUT
SHORT-TERM.
SHORT-TERM. THAT NUMBER COULD BE RIGHT BUT
30 SHORT-TERM JOBS IS THE SAME
AS ONE LONG-TERM JOB.
THERE WILL BE JOB CREATION I
JUST DON'T KNOW THE EXACT
NUMBERS.
NUMBERS.
NUMBERS. LARRY: LOOK FORWARD TO GETTING
THAT FIGURED OUT.
DR. JACOBSON, THANK YOU FOR YOUR
INSIGHT.
INSIGHT.