Biden's Clean Energy Plan for Coal Communities.
Originally Published 2 years ago — by The Associated Press
President Joe Biden's administration is making $450 million available for up to five clean energy projects at current or former coal mines, with at least two projects set aside for solar farms. The White House will allow developers of clean energy projects to take advantage of billions of dollars in new bonuses being offered in addition to investment and production tax credits available through the 2022 Inflation Reduction Act. The bonuses will incentivize more clean energy investment in energy communities that have been hurt by a decline in U.S. coal production.