Biden-Harris Administration Announces $20 Billion for Clean Energy and Climate Solutions

The historic investment aims to lower energy costs, support disadvantaged communities, and leverage private capital for climate projects.

The Biden-Harris Administration announced $20 billion in awards to expand access to clean energy and climate solutions, lower energy costs for communities nationwide, and support disadvantaged communities.
Environmental and labor leaders, elected officials, and various organizations have expressed strong support for the initiative, highlighting its potential to create jobs, reduce pollution, and promote energy equity.
EPA Administrator Michael Regan defended the program against criticism, emphasizing its transparency, the competitive grant process, and its aim to leverage private capital for climate-related projects.
Critics, primarily Republicans in Congress, have labeled the program a 'slush fund' and expressed concerns over accountability and transparency, with some efforts to repeal the program.
The Greenhouse Gas Reduction Fund, part of the Inflation Reduction Act, aims to reduce climate and air pollution, mobilize capital in underserved communities, and support a variety of projects including energy-efficient home improvements and electric vehicle charging stations.