America’s new high-risk, high-reward $20 billion climate push
wapo.st
The Environmental Protection Agency is awarding $20 billion to nonprofit organizations to help finance projects that boost clean energy and reduce emissions.

The Environmental Protection Agency on Thursday awarded $20 billion to help finance clean-energy projects across the country, marking one of the Biden administration’s biggest investments in combating climate change and curbing pollution in disadvantaged communities.

  • wildbus8979
    11·
    7 months ago

    Sure, but before that he held the single largest oil rights auction in US history, right after COP26 no less.

    https://www.newsweek.com/biden-admin-set-auction-off-over-80-million-acres-offshore-drilling-1649242

    The Biden administration is preparing to sell off more than 80 million acres of the Gulf of Mexico to oil and gas drilling companies in the largest federal offshore drilling auction in U.S. history—less than a week after the UN climate change conference COP26

    The 80 million acres on sale is expected to produce around 1.12 billion barrels of oil and 4.2 trillion cubic feet of natural gas over the next 50 years.

    • silence7@slrpnk.netOP
      11·
      7 months ago

      Yes, the first few months of the Biden administration still involved agencies which didn’t get it, and were doing things like that.