"Biden-Harris Administration Allocates $20 Billion for Nationwide Clean Energy Initiatives"

The U.S. EPA has announced $20 billion in grant awards under the Greenhouse Gas Reduction Fund, part of President Biden’s Investing in America agenda, to finance clean energy and climate solutions across communities. The selections will mobilize private capital to reduce climate and air pollution, improve public health, and create clean energy jobs, with a focus on low-income and disadvantaged communities. The selected applicants have committed to reducing or avoiding up to 40 million metric tons of climate pollution per year and dedicating over $14 billion of capital to benefit these communities. The grants will fund projects such as energy-efficient home renovations, sustainable building rehabilitation, and investments in solar power and clean energy, with a goal of achieving significant impact toward the program’s objectives.