‘Historic’ climate investments top $15 billion

0
143

The State of California will receive more than $15 billion from the federal government for climate projects/

The funding comes through President Biden’s signature pieces of legislation, the Bipartisan Infrastructure Law and the Inflation Reduction Act – the largest investment in clean energy and climate action ever.

“$15.5-plus billion from the Biden-Harris Administration is helping California build our clean energy future, transform our transportation, clean our air, save our communities from wildfire and floods and protect our state’s unmatched natural beauty,” said Governor Gavin Newsom.

THE INVESTMENTS:

In the past month, California has received:

Newsom said federal funding is added to the $48 billion in state climate investments that rivals what most countries spend on climate action.

“For decades, California has led the charge on climate action, from electrifying the transportation sector to building renewable power,” said John Podesta, senior advisor to the president for international climate policy. “The Biden-Harris administration is proud to support California’s climate leadership through our Investing in America agenda so the Golden State can continue to lead in building a clean, resilient future.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.