, which will divvy up the $5 billion set aside for electric vehicle charging stations.
But Baumhefner warns of a downside: Estimates show the U.S. probably will need to spend at least $40 billion on public EV charging stations just to meet its 2030 climate goals. And that doesn't include what it will cost to charge medium- and heavy-duty vehicles like tractor trailers or hit even larger 2050 targets.
And perhaps the most visible transformation to Americans will be school buses. The infrastructure bill devoted $5 billion to replacing gas-powered school buses nationwide with ones running on electricity or other zero-emission fuels. In September, the EPA announced it was And even if policies ultimately complement the funding, Osborne says, results are still mitigated by the fact that the car remains king. There's more money than ever for rail and public transit, but the same is true for roads and highways. With the latter still getting about 80% of the pie, Osborne has serious doubts on how far the needle will move in the effort to lower greenhouse gas emissions from the transportation sector.
A program to fund high-voltage power lines, the Transmission Facilitation Program, received just $2.5 billion and operates on a loan basis.
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