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Biden administration announces $8 25B in loans to boost power grid

© Getty The Biden administration is taking several actions to boost the power grid, it announced Tuesday, including up to $8.25 billion in new Energy Department loans. Through the department s Western Area Power Administration Transmission Infrastructure Program, $3.25 billion will be available for supporting electricity transmission projects that will bolster renewable energy in the West. And the department will loan up to an additional $5 billion toward “innovative” projects and ones that are owned by tribal nations or Alaska Native Corporations. These include a type of bulk transmission system called high-voltage direct current, as well as those that connect to offshore wind or are situated along rail and highways.

Biden deletes Trump s climate negligence with a single event

By all appearances, the concerted effort was very well received by allies abroad and developing countries eager for meaningful climate action. Japan, the European Union and Canada responded with modestly elevated commitments, and heads of state were well-briefed and relished the opportunity to feature some of their ongoing innovations and actions. While there were some sobering accounts from around the world of frustration and obstacles to success, the overall energy over the two days was about what must be done, not what can’t be done. The U.K. showed up with a flashy commitment to cut 78 percent of greenhouse gas emissions by 2035, but an accounting slight of hand has allowed them to pad their stats by calling emissions from their massive biomass investments “carbon neutral” which is certainly not the case. Nonetheless, the climate energy was back, with a very strong intent on the part of most parties to generate momentum going into the next U.N. climate conference in Glas

Biden pressed on emissions goal as climate summit nears

Biden pressed on emissions goal as climate summit nears MATTHEW DALY, Associated Press FacebookTwitterEmail 5 1of5FILE - In this Jan. 27, 2021, file photo President Joe Biden delivers remarks on climate change and green jobs, in the State Dining Room of the White House in Washington. When Biden convenes a virtual climate summit on Thursday, he faces a vexing task: how to put forward a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact not only on climate change efforts in the U.S. but throughout the world.Evan Vucci/APShow MoreShow Less 2of5FILE - In this Feb. 1, 2021 file photo, emissions from a coal-fired power plant are silhouetted against the setting sun in Independence, Mo. President Joe Biden faces a vexing task as he convenes a virtual climate summit on Thursday. He is expected to present a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact not only on climate change e

Biden Rushes Jobs Reassurance Along With 50% Emissions Cut

Biden Rushes Jobs Reassurance Along With 50% Emissions Cut
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Biden feels heat on emissions goal as climate summit nears

Biden feels heat on emissions goal as climate summit nears MATTHEW DALY, Associated Press FacebookTwitterEmail 3 1of3FILE - In this Jan. 27, 2021, file photo President Joe Biden delivers remarks on climate change and green jobs, in the State Dining Room of the White House in Washington. When Biden convenes a virtual climate summit on Thursday, he faces a vexing task: how to put forward a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact not only on climate change efforts in the U.S. but throughout the world.Evan Vucci/APShow MoreShow Less 2of3FILE - In this Feb. 1, 2021 file photo, emissions from a coal-fired power plant are silhouetted against the setting sun in Independence, Mo. President Joe Biden faces a vexing task as he convenes a virtual climate summit on Thursday. He is expected to present a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact not only on climate chang

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