Funds will be targeted at disadvantaged areas to create 200,000 jobs, after last week’s oil and gas lease restrictions in Alaska

Joe Biden will mark Monday’s Earth Day by announcing a $7bn investment in solar energy projects nationwide, focusing on disadvantaged communities, and unveiling a week-long series of what the White House say will be “historic climate actions”.

The president is traveling to Virginia’s Prince William Forest Park to deliver a speech touting his environmental record, including measures to tackle the climate crisis and increase access to, and lower costs of, clean energy.

Today’s centerpiece is the announcement of $7bn in grants through the Environmental Protection Agency’s “solar for all” program, funded by last year’s $369bn bipartisan Inflation Reduction Act, which the Biden administration says benefits more than 900,000 households.

The money will be targeted at low-income and disadvantaged areas, government officials say, and distributed through “states, territories, tribes, municipalities and non-profits across the country”.

  • givesomefucks@lemmy.world
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    5 months ago

    This sounds great…

    But that money would go a lot further if we were able to use Chinese panels.

    Unfortunately a Korean company has been lobbying to put more tarifs on Chinese panels so their more expensive ones will be bought in America.

    So now tax money is going to subsidize those Korean screens and they’ll probably still be more expensive than the Chinese ones.

    The Biden administration is expected to grant a request by South Korea’s Hanwha Qcells to reverse a two-year-old trade exemption that has allowed imports of a dominant solar panel technology from China and other countries to avoid tariffs, two sources familiar with the White House plans said on Wednesday.

    https://www.reuters.com/world/us/us-plans-restore-tariffs-dominant-solar-technology-sources-say-2024-04-17/

    I just can’t wait till neoliberals are over with.

    I hate seeing good news and knowing it takes 2 minutes of googling to find out out the shady financial side of it.

    • Goku@lemmy.world
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      5 months ago

      Well with China facing sanctions for their oppression of Taiwan, could this be seen as a strategic divestment away from China?

      Just asking, hopefully not offending anyone.

      • givesomefucks@lemmy.world
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        5 months ago

        I mean. If they were being sanctioned for something like their genocide of Muslims on all exports, yeah, I’d be all about it.

        But if a country genocides Muslims, Biden tends to give them billions of dollars, not sanctions. You only get sanctions for genociding Christians, and thats only if the rest of the UN does it.

        Besides the very very simple difference that if these were sanctions, they wouldn’t be called tariffs, they’d be called sanctions.

        You could try to read the article i linked if you want more info, or even try searching for another article.

        Making random guess of how it could be a positive and throwing them out there hoping something sticks is what trumpets do…

        Although these days it’s legitimately hard to tell them apart from the few people actually excited about Biden.

        Hell. A few years ago no Dem would unironically say they were “just asking questions”. That’s been the conservative move since Faux News came about.

        But I guess if someone kept watching CNN after the Faux News guy bought it, that does explain the change. He said he wanted to turn CNN into Faux News, and it looks like it’s working on people