America’s surge of spending on clean energy

Reproduced from RMI; Note: Data not available between 2018 and 2021, and projected agency spending excluded from 2022-2027; Chart: Axios VisualsA new report from the think tank RMI has a banger of a graphic that puts new and recent energy laws into historical context.How it works: RMI offers a taxonomy for thinking about the intersection between the 2021 infrastructure law and this summer’s two big bills.🧠 CHIPs is the “brains,” steering billions into the “cutting edge research and development needed to accelerate innovation.”🦴 The 2021 infrastructure law is the “backbone,” providing “much of the infrastructure these technologies need to scale at speed.”🏎️ The new climate law is the “engine” due to “demand-pull measures that provide the security for these technologies to reach market maturity.”Of note: This chart doesn’t even capture federal agencies’ ongoing climate and clean…

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