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ESG In Credit Ratings Newsletter December 2021

The Infrastructure Investment and Jobs Act (IIJA) will address traditional infrastructure needs across the U.S., supporting a continued economic recovery. The bill targets long-standing infrastructure needs and the risks related to resiliency, energy transition, electric charging stations, and cybersecurity. We consider the infrastructure plan to be linked to the Biden administration's broader climate goals, including a plan to move the U.S. toward 100% carbon-free electricity by 2035.