AutosReport: Electric Transportation Investment Would Boost Economy

Report: Electric Transportation Investment Would Boost Economy

-

- Advertisment -sslate

Florida would benefit from the federal government’s proposed $274 billion investment in electric vehicles and infrastructure, according to a new report.

The report found the American Jobs Plan’s funding for new EV charging infrastructure, manufacturing and training would deliver a return of $1.3 trillion in private investment.

Those who are skeptical about electric vehicles often cite concerns over high upfront costs. But Ryan Gallentine, policy director for electrifying transportation for Advanced Energy Economy – the trade group that released the report, insisted the investment is worth it.

“Once you kind of get over that initial increased price at the beginning, you can really see a lot of savings,” said Gallentine. “Because you’re just missing a lot of those parts with the internal combustion engine. Your maintenance and fuel costs are much less over the lifetime of the vehicle.”

ev

Gallentine said the investment would also create almost 11 million jobs nationwide.

In 2020, Florida workers accounted for more than 153,000 jobs in clean energy-related fields, and another 6% job growth is expected in the state this year.

According to the report, investment in electric transportation is vital if the U.S. wants to meet its climate goals. Gallentine added the funding would give states the opportunity to modernize their transportation systems, and address air-quality issues in communities.

“It’s going to be really important to look at advanced energy economy as a holistic solution,” said Gallentine. “And use any federal funding programs in a way that electrifies the transportation system as quickly as possible.”

In Miami-Dade and Broward counties, nearly a quarter of the population lives within 500 feet of a busy roadway, according to the Florida Health Department. The U.S. has a new emissions-reduction goal of 50% to 52% by 2030, and has pledged to reach net-zero emissions by 2050.

Sunshine Slate
Sunshine Slatehttps://www.sunshineslate.com
Sunshine Slate is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the United States of America.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Interiors Expert shares top 5 Autumn TikTok Trends and How to get the look

Interior retailer, ScS, has analysed TikTok data to reveal the top five autumnal trends to add to your home in the coming months

Qualities of a Good Customer Service Agent

what qualities should you look for when searching for customer service? We’ve highlighted some qualities for you.

Florida Educators Decry Classroom ‘Politicization’ as Gov Relaxes Teaching Rules

As Florida Gov. Ron DeSantis defends and expands his call to have military veterans bypass the teacher certification process to become educators

What Advantages Do HydraFacials Offer?

It is not shocking that HydraFacials have become one of the most well-known face trends in the contemporary day.
- Advertisement -

Students Returning to Campus Urged to Check Mental-Health Resources

Mental-health experts are urging both students and parents to familiarize themselves with the school's on-site mental-health resources.

Back-to-School Checklist: Remember Health-Care Coverage

As a new school year kicks into gear, advocacy groups want to ensure Ohio kids have access to medical coverage to keep them healthy and ready to learn.
edealo.com
- Advertisement - Motel 6
transformerscon

Must read

Qualities of a Good Customer Service Agent

what qualities should you look for when searching for customer service? We’ve highlighted some qualities for you.

Best Apps for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.
- Advertisement -
- Advertisement -sslate

You might also likeRELATED
Recommended to you