President Biden’s $2.25 trillion American Jobs Plan has generated mixed reactions from the fossil energy industry, as Biden is asking Congress to raise corporate taxes in order to accelerate the clean energy transition.

wind turbines

The jobs and infrastructure package underscores the “whole-of-government” approach Biden is taking toward climate and energy policy, a shift from previous administrations.

Natural gas and oil industry groups praised the plan’s objectives, such as the expansion of incentives for capturing and storing carbon dioxide (CO2), but said the administration should be clearer about how hydrocarbons fit into Biden’s “Build Back Better” mandate for infrastructure and the economy.

“Any federal infrastructure package that envisions a clean energy future must...