US Green Energy Thrives Amidst Federal Funding Surge
TL/DR –
President Biden signed the IRA and the Bipartisan Infrastructure Law (BIL) into law in August 2022 and November 2021, respectively. These laws aim to channel billions of federal dollars into the development of clean energy. The legislation is part of broader efforts to transition to more sustainable and environment-friendly energy sources.
President Biden’s Clean Energy Initiatives: The IRA and BIL
President Biden signed the IRA into law in August 2022. This, coupled with the Bipartisan Infrastructure Law (BIL) passed in November 2021, plans to direct billions in federal funding towards the advancement of clean energy development. Both initiatives represent substantial investment in renewable energy resources, aiming to enhance the nation’s infrastructure and promote a more sustainable future.
—
Read More US Economic News