Reuters: Biden pushes out over $100 billion in clean energy grants as term winds down

[OKIsItJustMe]

https://www.reuters.com/sustainability/climate-energy/biden-pushes-out-over-100-billion-clean-energy-grants-term-winds-down-2024-12-03/

Biden pushes out over $100 billion in clean energy grants as term winds down
By Valerie Volcovici
December 3, 20243:16 PM EST

WASHINGTON, Dec 3 (Reuters) - U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, Biden senior advisor for international climate policy John Podesta said.

The administration hopes the spending milestone will help to continue the deployment of clean energy even after President-elect Donald Trump, a climate change skeptic who has pledged to rescind all unspent IRA funds, takes office.

“Crossing the milestone of $100 billion awarded shows just how quickly we’re getting these funds out the door and into communities so they can make a real difference for the American people,” Podesta told Reuters.

Another senior Biden administration official said the administration is on track to exceed its goal of "obligating" over 80% of available IRA grant funding by the end of Biden's term next month.

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[riversedge]

1. Biden is wise to get the money out to the public before Trumpy gets a hold of it!!