Biden Administration Announces $1.4 Billion for Climate Initiatives
The funding supports clean energy projects and infrastructure improvements as part of the Investing in America agenda.
- Biden's announcement allocates $1.2 billion to the Department of Transportation for cleaner construction materials in transportation projects.
- The Department of Energy will distribute $18 million to 61 local governments for energy efficiency and decarbonization projects.
- The Department of Agriculture will fund over 1,100 clean energy projects in 40 states to encourage a shift from fossil fuels.
- This funding is part of the broader Bipartisan Infrastructure Law and Inflation Reduction Act efforts to combat climate change.
- The initiatives aim to create jobs, lower energy costs, and advance environmental justice across the United States.