Policy Impact Analysis - 117/HR/7439

Bill Overview

Title: Energy Security and Independence Act of 2022

Description: This bill addresses domestic industrial base and manufacturing capabilities for specified energy-efficiency and renewable energy systems and technologies (e.g., electric transportation systems), including by establishing a program to provide financial assistance for the construction of new facilities that manufacture components of specified energy-efficiency and renewable energy systems and technologies (or to retool, retrofit, or expand such facilities).

Sponsors: Rep. Bush, Cori [D-MO-1]

Target Audience

Population: People relying on or involved with energy systems and industries

Estimated Size: 200000000

Reasoning

Simulated Interviews

Factory worker (Detroit, MI)

Age: 34 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • I feel hopeful about the potential for job stability.
  • The shift to electric vehicle components aligns with industry trends and could secure my job.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 4
Year 3 7 4
Year 5 8 5
Year 10 8 5
Year 20 9 6

Construction Manager (Houston, TX)

Age: 42 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 7/20

Statement of Opinion:

  • Projects related to energy manufacturing seem promising.
  • This policy may provide more contracts and work stability for my team.

Wellbeing Over Time (With vs Without Policy)

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

Renewable Energy Engineer (Silicon Valley, CA)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Increased funding could lead to more consistent project budgets.
  • I think it will be easier to pursue new innovations with stable support.

Wellbeing Over Time (With vs Without Policy)

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

Retired (Atlanta, GA)

Age: 61 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • I worry about the environmental impact of new factories.
  • However, job opportunities for local youth might be beneficial.

Wellbeing Over Time (With vs Without Policy)

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

Student (Phoenix, AZ)

Age: 25 | Gender: other

Wellbeing Before Policy: 4

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • The policy could influence my career choices significantly.
  • More jobs in renewable energy may offer a viable career path.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 4
Year 5 7 5
Year 10 8 6
Year 20 8 7

Farmer (Rural Illinois)

Age: 50 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • Infrastructure changes could disrupt local farming logistics.
  • There's potential for land appreciation due to nearby development.

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 7 5
Year 10 7 6
Year 20 7 6

Environmental NGO Worker (New York, NY)

Age: 38 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy aligns with our goals for sustainable development.
  • Ensuring the implementation minimizes ecological impacts is critical.

Wellbeing Over Time (With vs Without Policy)

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

Small Business Owner (Pittsburgh, PA)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Increased manufacturing activities could boost my business.
  • I'm hopeful for more contracts if the local industry grows.

Wellbeing Over Time (With vs Without Policy)

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

Union Representative (Midwest)

Age: 55 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • Ensuring fair labor practices is my main concern.
  • The policy might offer new opportunities but also risks to workers if not managed properly.

Wellbeing Over Time (With vs Without Policy)

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

Teacher (Florida)

Age: 30 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 9/20

Statement of Opinion:

  • The policy could serve as a great case study for my students.
  • It will be interesting to see how it impacts actual energy usage and policies.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $1500000000 (Low: $1300000000, High: $1700000000)

Year 2: $1200000000 (Low: $1000000000, High: $1400000000)

Year 3: $1000000000 (Low: $800000000, High: $1200000000)

Year 5: $900000000 (Low: $700000000, High: $1100000000)

Year 10: $500000000 (Low: $400000000, High: $600000000)

Year 100: $0 (Low: $0, High: $0)

Key Considerations