Presentation slides from the April 9, 2020 webinar featuring state and private sector leaders discuss shovel-ready infrastructure opportunities that can create jobs and stimulate economic growth in the short-term in the U.S. Learn more: https://www.wri.org/events/2020/04/webinar-build-back-better-shaping-us-stimulus-package

2. What will Congress do next?
US COVID-19 Impact
• > 14,200 deaths as of 5 pm, 4/8/2020
• > 10 million applications for
unemployment benefits
Response
• COVID-1: $8 Billion for prevention, testing & treatment
• COVID-2: $192 Billion; paid sick leave mandate
• COVID-3: > $2 Trillion in direct payments to individuals,
small business, states; $46 Billion industry-specific loans
• COVID-4: ?
• COVID-5: ?

3. The 2009 Recovery Act was the largest clean energy investment in
US History, and a job creator
Council of Economic Advisors, 2010
0 50000 100000 150000 200000 250000
Other
Clean Energy Equipment Manufacturing
Carbon Capture and Sequestration
Green Innovation and Job Training
Advanced Vehicles and Fuels Technologies
Grid Modernization
Traditional Transit and High-Speed Rail
Energy Efficiency
Renewable Generation
Job-years supported, 2009-2012
Jobs Supported by the 2009 American Recovery and Reinvestment Act

4. Job Growth: 2015-2019
7%
19%
25%
49%
Private Sector Solar Energy Efficiency Wind

5. BUILD BACK BETTER: Shaping The U.S. Stimulus
Package For Infrastructure
Moderator: Dan Lashof, U.S. Director, World Resources Institute
Panel:
Devashree Saha, Senior Associate, World Resources Institute
Richard Kauffman, Chairman, New York State Energy Research and Development Authority (NYSERDA)
Cathy Zoi, CEO, EVGo
Chris Castro, Director, Office of Sustainability & Resilience, City of Orlando
Audience Q&A
To submit a question, please select the Q&A button on the Zoom taskbar.

6. BUILD BACK BETTER: Shaping The U.S. Stimulus
Package For Infrastructure
Devashree Saha, Senior Associate, World Resources Institute

7. BUILDING EFFICIENCY
$1 million
investment creates
approximately 8 full-
time jobs in energy
efficiency, nearly 3
times the number of
jobs created in fossil
fuel sector.

8. SMART GRID
Every $1 invested
in modernizing
transmission
infrastructure
creates $2.40 in
economic benefits.

9. ZERO EMISSION PUBLIC TRANSIT
Every $1 invested
in public
transportation
creates $4 of
economic activity
in the community.

10. TREE RESTORATION
Every $1 on tree
restoration
projects generates
between $1.60
and $2.60 of
economic activity,
primarily in rural
areas.

11. Richard Kauffman, Chairman, New York State Energy Research and Development
Authority (NYSERDA); Adjunct Senior Research Scholar, Columbia Center on Global
Energy Policy, Columbia University

12. THREE “LESS THAN BEST” AND BEST LESSONS FROM ARRA
LESS THAN BEST
• Funds spent like peanut
butter
• Funds spent out of
Washington
• Funding of piers, not
bridges
BEST
• Funds spent on deployment
• Funds spent through the
States
• Leveraging public dollars

13. THREE IDEAS THAT BUILD ON THESE LESSONS
1) Make a major capital
commitment to the
smart grid
• $100 billion (around
20% of required
amount)
• Enough deployment to
demonstrate customer
benefits (2X - 4X)
• Self-sustaining funding
by utilities and state
regulators thereafter
2) Provide Treasury grants
and loans to State and
Municipal Green Banks
for clean energy project
deployment
• $10 billion
• NYS experience: public
dollars leveraged more
than 3X
• Variety of jobs -
installation, construction,
service, and
manufacturing

14. 3) Make a major commitment to retrofitting 22 million multi-
family homes
• $3 billion will establish national industry to manufacture and
install net zero retrofits for 400,000 units
• Manufactured components to be installed rapidly onsite
(exterior panels, windows, modular HVAC)
• Homes will be highly energy efficient, healthier and more
comfortable
• Funds will aggregate demand, create challenge grants to
manufacturers and provide project incentives (declining to
achieve cost parity with traditional retrofits)
• Funds will be leveraged ~5X with private capital
• After 5 years: cost effective solutions  no more incentives
needed  rapid scaling to entire national multifamily market
THREE IDEAS THAT BUILD ON THESE LESSONS

15. Proprietary and Confidential - Do not Distribute
15
Market Transformation to Clean Energy
Technology Adoption Curve
Addressing Climate Change 
Acceleration is Essential
Policy-induced acceleration
yields tremendous results:
Experience curve cost declines
in solar, wind, batteries and
lighting in last 10 years
Graph courtesy of “Seven Challenges for Energy Energy Transformation”, RMI, 2020.

16. Proprietary and Confidential - Do not Distribute
TAX INCENTIVES AND PENALTIES
COMPETITIVE COMMERCIALIZATION
GRANTS AND LOANS
TARGETS, STANDARDS, AND CODES
INFORMATION AND MARKETING
16
Energy Policy Tools
Policy Tools Applied to Energy During ARRA (and beyond)

17. Proprietary and Confidential - Do not Distribute
17
3 Must-Haves to Build Back Better
1) Ubiquitous EV Charging Infrastructure
2) New Housing Supply Built Sustainably
3) Public/Private Partnerships
 By 2025 need
45,000 DC fast chargers
and >500,000 L2s*
Freddie Mac: US housing market
undersupplied by 3.3 million units
 Government money offers leverage
for private capital
 State governments effective
partners with private sector
Source: Bloomberg New Energy Finance, Electric Vehicle Outlook 2019
* Source: AFDC, ICCT, Experian, EVgo

18. ORLANDO: SUSTAINABLE & RESILIENT Solutions from the
most visited city in America
Chris Castro, LEED GA, CPB
Director, Office of Sustainability &
Resilience
City of Orlando

19. • Opportunity: Revitalize EECBG to
spur building EE retrofits and
modernization
• Invested $1.75M in ARRA EECBG
funding to retrofit City buildings
• Led to Mandatory LEED Silver
buildings for City-owned buildings
• Led to $17.5M municipal green bond in
2016-2020
Municipal Building Energy Efficiency

20. Ecosystem of policies and programs for EE
• Opportunity: create market
transformation for energy efficiency
in buildings
• Enabled Building Benchmarking
& Transparency
• Enabled energy financing programs
• Invested in workforce development
programs and training with local
colleges and universities

21. 21
Green, Affordable Housing Development
• Opportunity:
Promote healthy,
efficient, and
affordable housing
• Incorporate green
building
requirements for
CDBG, SHIP, and
HOME funding
• Target highest
‘burdened’
neighborhoods

22. Municipal
Renewable Energy

23. Opportunity: Restore and extend tax credits for
renewable energy and energy storage projects
• Solar is one of the fastest growing jobs in
Florida (and 12+ states) in 2018 and 2019
• Over 4GW of potential solar capacity on
rooftops in Orlando
• SolSmart GOLD – streamlined permitting
• Help spur creative “Solar Coop” programs to
accelerate RE adoption
• Expand RD&D for clean tech innovations
(e.g. UCF Megawatt Ventures Program)
City-wide Renewable Energy

24. EV-Readiness
• Opportunity: Restore and Expand EV charging
infrastructure in Cities and EV tax credit
• Over 400 public EV charging ports in Orlando
• 179 EV & Hybrid in City Fleet
• EV utility rebate
• Electric buses with LYNX transit
• Drive Electric Orlando rental car program
(http://pluginperks.com)