'EPA announces $20 billion initiative under the Inflation Reduction Act for green projects in low-income and pollution-affected communities. 🌎 ClimateAction Cleantech
The EPA said it was setting up two programs, one with $14 billion in funding and the other with $6 billion, that would in turn each set up a handful of institutions that would partner with private-sector entities to finance green projects, which could include heat pumps, electric vehicle charging stations, building upgrades, and other similar items.
The two programs add to a separate $7 billion program announced in June to boost solar power in places deemed low-income or disadvantaged, according to the EPA.The entities and private-sector partners that use the funds will have more discretion in financing projects than the federal government has under other provisions of the law meant to reduce emissions, such as the subsidies for electric vehicles and clean power.
“It’s been over a decade since we first put the idea of creating a national climate bank on paper," Sen. Chris Van Hollen said."Today, that idea is becoming a reality."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
UK launches in-depth investigation into Adobe's $20 billion Figma purchase | EngadgetUK officials have begun an in-depth probe of Adobe's $20 billion acquisition of Figma..
Weiterlesen »
UK launches in-depth probe into Adobe’s $20 billion Figma bidAdobe’s $20 billion Figma bid is under threat from UK antitrust regulators
Weiterlesen »
Grab the OnePlus Nord N30 5G for just $20 from Metro by T-MobileMetro by T-Mobile is selling the OnePlus Nord N30 5G for just $20 (plus $40 for first month), one of the best deals since the phone's US release.
Weiterlesen »
Disneyland workers could get a pay hike to nearly $20 an hour after living-wage winA California appeals court ruled that Disneyland Resort workers are covered by Anaheim's 2018 voter initiative requiring Walt Disney Co. to boost wages.
Weiterlesen »
Biden making $20 billion available from 'green bank' for clean energy projectsThe Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers
Weiterlesen »
Biden making $20 billion available from 'green bank' for clean energy projectsThe Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.
Weiterlesen »