Biden protects 84% of IRA clean energy grants from
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Posted On: 03/06/2025 10:12:01 AM
Biden protects 84% of IRA clean energy grants from being clawed back
https://www.reuters.com/sustainability/climat...025-01-17/
WHY IT'S IMPORTANT
The 84% of the grants from the Inflation Reduction Act have been "obligated", meaning contracts have been signed between U.S. agencies and recipients. The outgoing administration hopes this will help to continue the deployment of clean energy even after Monday's inauguration of President-elect Donald Trump, a climate change skeptic who has pledged to rescind all unspent IRA funds.
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https://www.reuters.com/sustainability/climat...025-01-17/
WHY IT'S IMPORTANT
The 84% of the grants from the Inflation Reduction Act have been "obligated", meaning contracts have been signed between U.S. agencies and recipients. The outgoing administration hopes this will help to continue the deployment of clean energy even after Monday's inauguration of President-elect Donald Trump, a climate change skeptic who has pledged to rescind all unspent IRA funds.
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