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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.

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Biden to sign climate executive actions

© Getty Images President Biden will sign three executive actions on Wednesday aimed at addressing the climate crisis, kicking off the process of meeting U.S. obligations under the Paris agreement while directing the government to purchase electric vehicles and pause new oil and gas leases on public lands. The sweeping package of executive orders, part of the administration’s “climate day,” hits on some of Biden’s major campaign promises: committing the U.S. to conserving 30 percent of public lands and waters by 2030; pausing the process of granting leases on public lands or offshore waters; and putting the U.S. on a path to reaching net-zero emissions by 2050.

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Biden to sign flurry of executive actions in first hours of presidency

President-elect Joe Biden will sign more than a dozen executive actions on Wednesday reversing some of President Trump’s signature policy initiatives and setting the tone for the new administration’s focus on COVID-19, the economy, climate change and racial justice.

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Presenta Biden a su equipo para luchar contra el cambio climático

Presenta Biden a su equipo para luchar contra el cambio climático
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Presenta Biden equipo contra cambio climático

Presenta Biden equipo contra cambio climático
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