Tag

Greenhouse Gas Reduction Fund

All articles tagged with #greenhouse gas reduction fund

environment1 year ago•5 min saved

"US Government Allocates $20 Billion for Local Clean Energy Projects"

The Environmental Protection Agency has awarded $20 billion from the Greenhouse Gas Reduction Fund to finance clean-energy projects, aiming to combat climate change and pollution in disadvantaged communities. The program allows access to low-interest loans for clean-energy projects, addressing obstacles faced by low-income and minority communities in attracting private capital. Critics have raised concerns about oversight and potential misuse of funds, while supporters emphasize the program's role in reducing energy consumption, creating clean-energy jobs, and advancing environmental justice goals.

via The Washington Post|

#clean-energy #climate-change #environment

energy-and-environment1 year ago•11 min saved

"Biden Administration Allocates $20 Billion for Clean Energy and Climate Solutions Nationwide"

The Biden-Harris Administration has announced $20 billion in awards to fund climate and clean energy projects across the U.S., with a focus on low-income and disadvantaged communities. This investment, part of the Environmental Protection Agency’s Greenhouse Gas Reduction Fund, aims to combat climate change, improve air quality, lower energy costs, and create jobs. The program will ensure that communities have access to capital for a cleaner, more sustainable economy. The awards will be deployed through two programs, the National Clean Investment Fund and the Clean Communities Investment Accelerator, with a focus on supporting projects such as clean power generation, net-zero retrofits, and zero-emission transportation. Additionally, the administration has implemented various innovative tools and programs to empower communities to participate in building the clean energy economy.

via The White House|

#biden-harris-administration #clean-energy #climate-solutions

environment1 year ago•22 min saved

"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.

via U.S. EPA.gov|

#biden-harris-administration #clean-energy #climate-solutions