Are there projections that the Biden infrastructure plan will cut overall energy sector jobs?

There is currently no forecast projecting that President Biden’s $2.3 trillion American Jobs Plan would cause overall job losses in the energy sector.

Critics have suggested that the plan’s clean energy push would add to the existing decline in U.S. fossil fuel employment, which is concentrated in a few energy-producing states. The Biden administration argues its plan will create new energy-related jobs nationwide such as:

• Capping oil and gas wells and mine reclamation.

• Modernizing America’s electric grid and transmission lines.

• Constructing energy-efficient homes and buildings.

• Manufacturing and installing solar and wind power.

• Building out electric vehicle infrastructure.

Moody's Analytics forecasts that while jobs may briefly dip in early 2022 due to the plan’s proposed corporate tax hike, the programs would create 2.1 million new U.S. jobs by “mid-decade.”