Thursday, April 04, 2024

The GGRF | Axios Report

 

Biden admin doles out $20B in "green bank" funding

Illustration of a dimly lit coin icon becoming brighter as it loads

Illustration: Annelise Capossela/Axios

Biden officials just unveiled organizations that will receive $20 billion designed to flow into tens of thousands of clean energy and pollution-cutting projects nationwide.

Why it matters: The "Greenhouse Gas Reduction Fund" is the largest single non-tax investment in the 2022 climate law.

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