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Hi John,
We hope you and your loved ones are remaining safe and are taking the necessary precautions during these challenging times.
The COVID-19 crisis is changing the American economic landscape hour by hour. To keep up, Dr. Ellen Hughes-Cromwick, Former Obama Commerce Chief Economist, created a new blog series that will keep you up to date with the latest information during this unprecedented crisis.
Thankfully, minutes ago, Congress passed a $2 trillion stimulus package that should provide some relief to American workers. The economy is facing the biggest crisis since The Great Depression. Americans filed 3.3 million unemployment claims in one week, a record higher than the next worst week in American history. What Congress did by passing a bill that focused entirely on workers and the economy, including $25 billion for the transportation sector, was the right thing. We expect more stimulus packages to be necessary, including for the clean energy industry. Multiple, struggling clean-energy sectors need assistance through tax credit extensions or other means.
In this week’s newsletter, we’re taking a look at how our national laboratories, known for their skill in creating technological solutions addressing climate change, are making progress toward solutions for the COVID-19 crisis. We’ve also released a new episode of our Path to Zero podcast series. Dive in below:
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