Biden Unlocks $7 Billion Solar Investment On Earth Day

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President Biden chose Earth Day 2024 to announce a $7 billion Solar For All program to expand access to clean energy for all Americans.

grant competition, a key component of the Inflation Reduction Act’s $27 billion Greenhouse Gas Reduction Fund.

John Podesta, senior advisor to President Biden, said, “Solar is the cheapest form of electricity and one of the best ways to lower energy costs for American families. Today’s announcement of EPA’sl awards will mean that low income communities, and not just well-off communities, will feel the cost saving benefits of solar thanks to this investment.

“When President Biden took office, he promised to create an economy and build a future that benefits all Americans,” Janet McCabe said. “He and the vice president have been relentless in their pursuit of historic legislation to help clean up our air and water, strengthen our economy, create good paying American jobs, and deliver life changing investments to communities across the country.”initiative.

 

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