Policy Impact Analysis - 117/HR/4588

Bill Overview

Title: Regional Innovation Act of 2021

Description: This bill establishes a Regional Technology and Innovation Hub Program and a Regional Clean Energy Innovation Program. The bill directs the Department of Commerce to establish the Regional Technology and Innovation Hub Program to encourage collaboration among local, state, and federal government entities, institutions of higher education, the private sector, nonprofit organizations, and others to promote inclusive regional innovation initiatives; designate eligible consortia as hubs and facilitate activities by such consortia in implementing their regional innovation strategies; and develop best practices for regional development and competitiveness in technology and innovation. Additionally, the Department of Energy shall establish the Regional Clean Energy Innovation Program to enhance the economic, environmental, and energy security of the United States; accelerate the pace of innovation of clean energy technologies through regional clean energy innovation partnerships; improve the competitiveness of U.S. clean energy technology research, development, demonstration, and commercial application; and support the development of tools and technologies best suited for use in diverse regions of the United States, including in rural, tribal, and low-income communities. Commerce shall carry out a program of data collection and analysis of technology and innovation sectors critical to realizing national objectives, including national security, economic prosperity, and social welfare.

Sponsors: Rep. Wild, Susan [D-PA-7]

Target Audience

Population: People affected by regional technology and clean energy initiatives

Estimated Size: 30000000

Reasoning

Simulated Interviews

Software Engineer (San Francisco, CA)

Age: 35 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 12/20

Statement of Opinion:

  • I think this policy could significantly drive innovation in the tech industry, especially around renewable energy.
  • Our company may benefit from increased investment and collaboration opportunities.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 9 7
Year 3 9 7
Year 5 9 6
Year 10 9 6
Year 20 8 5

Factory Worker (Detroit, MI)

Age: 42 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm hopeful this policy will enable new job opportunities in clean energy, but I worry about job security during transition periods.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 6
Year 20 7 5

Farmer (Rural Kansas)

Age: 55 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 10/20

Statement of Opinion:

  • If this policy brings renewable energy to areas like mine, we could reduce operational costs significantly.
  • I'm skeptical about how much attention rural communities will truly get.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 4
Year 10 7 4
Year 20 6 3

Policy Analyst (New York, NY)

Age: 28 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 15.0 years

Commonness: 14/20

Statement of Opinion:

  • This policy opens many avenues for public-private partnerships crucial for advancing clean energy policy.
  • I'm concerned about the implementation and ensuring that funds reach the intended areas effectively.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 9 8
Year 3 9 7
Year 5 9 7
Year 10 9 7
Year 20 8 6

Retired Educator (Salt Lake City, UT)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • I support any policy that pushes for technology and clean energy solutions, but these initiatives often bypass older populations.
  • I hope some benefits trickle down to local community initiatives.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 6 6
Year 20 6 5

University Student (Albuquerque, NM)

Age: 22 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 11/20

Statement of Opinion:

  • Policies like this one could increase internship and job opportunities post-graduation.
  • I'm excited about the potential for practical training programs linked to these hubs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 7
Year 10 9 6
Year 20 8 6

Community Leader (Tribal Lands, AZ)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 8/20

Statement of Opinion:

  • I welcome initiatives that bring resources for clean energy to our tribal lands.
  • However, we need assurances that tribal sovereignty and needs are respected and prioritized.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 7 5

Energy Sector Manager (Houston, TX)

Age: 50 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 15.0 years

Commonness: 10/20

Statement of Opinion:

  • The policy supports my work in advancing sustainable energy solutions.
  • It's critical we stay ahead in the energy sector as global competitors accelerate their clean energy developments.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 7

Nonprofit Worker (Portland, OR)

Age: 33 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 12/20

Statement of Opinion:

  • While the programs target clean energy, I worry that smaller nonprofits may not see direct benefits.
  • Collaboration is key, and I hope the funding structures enable grassroots innovation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 7 6
Year 20 7 6

Environmental Scientist (Miami, FL)

Age: 27 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 13/20

Statement of Opinion:

  • The Regional Innovation Act can accelerate environmental projects I'm passionate about.
  • However, there needs to be a clear plan on how these hubs will be developed and measured.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 7
Year 10 9 6
Year 20 8 6

Cost Estimates

Year 1: $300000000 (Low: $250000000, High: $350000000)

Year 2: $350000000 (Low: $300000000, High: $400000000)

Year 3: $400000000 (Low: $350000000, High: $450000000)

Year 5: $450000000 (Low: $400000000, High: $500000000)

Year 10: $500000000 (Low: $450000000, High: $550000000)

Year 100: $600000000 (Low: $500000000, High: $700000000)

Key Considerations