Biden marks Earth Day with $7bn ‘solar for all’ investment amid week of climate action

(The Guardian, 22 Apr 2024) Funds will be targeted at disadvantaged areas to create 200,000 jobs, after last week’s oil and gas lease restrictions in Alaska.

Joe Biden marked Monday’s Earth Day by announcing a $7bn investment in solar energy projects nationwide, focusing on disadvantaged communities, and unveiling a week-long series of what the White House say will be “historic climate actions”.

The president was speaking at Prince William Forest Park, in Triangle, Virginia, touting his environmental record and unveiling measures to tackle the climate crisis and increase access to, and lower costs of, clean energy.

The centerpiece was the announcement of $7bn in grants through the Environmental Protection Agency’s “solar for all” program, funded by last year’s $369bn Inflation Reduction Act, and which Biden said will benefit hundreds of thousands of mostly low-income families who currently spend up to 30% of their income on energy.

“These awards across the country [are to] states, territories, tribal governments, municipalities and non-profits to develop programs to enable low income and disadvantaged communities to benefit from residential solar power. And it’s a big deal,” he said.

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The Guardian, 22 Apr 2024: Biden marks Earth Day with $7bn ‘solar for all’ investment amid week of climate action

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