Last week, the Biden administration unveiled a $20 billion investment plan to support clean energy projects, aiming to address historic underinvestment in communities.Vice President Kamala Harris emphasized the urgency of the climate crisis, acknowledging its disproportionate impact on disadvantaged communities, including those of color, rural areas, and native communities.
“The climate crisis impacts everybody, but it does not impact all communities equally,” Harris said. “Poor communities, rural communities, native communities and communities of color are often the hardest hit and the least able to recover.”
The funding will be distributed through two grant competitions, the National Clean Investment Fund and the Clean Communities Investment Accelerator, with $14 billion and $6 billion allocated, respectively.
According to NBC News, the projects will include initiatives like installing electric vehicle charging stations, retrofitting energy-efficient homes, and providing battery backup power.The application deadline is set for October 12, with selections planned for March 2024 and project implementation starting as early as July 2024.
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