Policy Impact Analysis - 117/S/4566

Bill Overview

Title: Regional Clean Energy Innovation Act of 2022

Description: This bill requires the Department of Energy to establish the Regional Clean Energy Innovation Program to enhance the country's economic, environmental, and energy security and accelerate the pace of innovation of diverse clean energy technologies through clean energy innovation partnerships.

Sponsors: Sen. Cortez Masto, Catherine [D-NV]

Target Audience

Population: Global Population

Estimated Size: 331000000

Reasoning

Simulated Interviews

Renewable Energy Consultant (Austin, TX)

Age: 32 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • I'm excited about this policy; finally, we're seeing some serious investment in clean energy.
  • More innovation partnerships can lead to better job opportunities for people in the industry like me.

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 5
Year 20 9 5

Engineer in Fossil Fuels Industry (Raleigh, NC)

Age: 40 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • I worry about my job as the transition to clean energy might affect our industry negatively.
  • I hope there will be retraining opportunities included in this policy for workers like us.

Wellbeing Over Time (With vs Without Policy)

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

Junior Research Scientist (Los Angeles, CA)

Age: 25 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 7.0 years

Commonness: 2/20

Statement of Opinion:

  • This program might open doors for early-career professionals like me in research roles.
  • I hope to see more collaboration between academic institutions and industry.

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 9 6
Year 10 9 5
Year 20 8 5

Small Business Owner (Chicago, IL)

Age: 46 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • Any initiative boosting clean energy can benefit business related to sustainability.
  • I'm hoping for improved technologies that might reduce operational costs eventually.

Wellbeing Over Time (With vs Without Policy)

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

Industrial Plant Worker (Detroit, MI)

Age: 60 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • Policies like these cause uncertainty in our jobs, I'm concerned about what's coming.
  • Hoping this creates new opportunities in the manufacturing sector by transitioning roles.

Wellbeing Over Time (With vs Without Policy)

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

Software Developer (Denver, CO)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • I'm optimistic about this policy; the funding could enhance projects we are already part of.
  • I think this could trigger impressive technological evolution.

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

Environmental Science Professor (Miami, FL)

Age: 35 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • I believe this policy is a step in the right direction for combating climate change.
  • Looking forward to seeing the practical outcomes of increased innovation funding.

Wellbeing Over Time (With vs Without Policy)

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

Government Policy Analyst (Seattle, WA)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 2/20

Statement of Opinion:

  • This program could lead to significant advancements in local clean energy strategies.
  • It's crucial how effectively the program is implemented and how cities are selected.

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 9 7
Year 10 9 6
Year 20 9 6

Oil and Gas Consultant (Houston, TX)

Age: 55 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • I'm skeptical about how this policy impacts the overall energy market.
  • There might be opportunities for adaptation, but this is a tough industry to change.

Wellbeing Over Time (With vs Without Policy)

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

Tech Entrepreneur (San Francisco, CA)

Age: 30 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 2/20

Statement of Opinion:

  • This is an exciting time for startups in the clean energy sector.
  • The policy can lead to increased funding and the potential for scaling innovative ideas.

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 10 7
Year 10 10 7
Year 20 9 7

Cost Estimates

Year 1: $750000000 (Low: $600000000, High: $900000000)

Year 2: $750000000 (Low: $600000000, High: $900000000)

Year 3: $750000000 (Low: $600000000, High: $900000000)

Year 5: $750000000 (Low: $600000000, High: $900000000)

Year 10: $750000000 (Low: $600000000, High: $900000000)

Year 100: $750000000 (Low: $600000000, High: $900000000)

Key Considerations