The Biden administration is seeking to rapidly disperse climate funds to cement the president’s green energy agenda before President-elect Donald Trump assumes the Oval Office in January.In a memo released by the White House, Jeff Zients, White House Chief of Staff, said that the administration is going to « sprint to the finish line and get as much done as possible for the American people » in the remaining weeks of President Joe Biden’s term.The top Biden official said that they plan to « obligate as much funding as possible before the end of the term, » including dishing out unspent funds from the Inflation Reduction Act (IRA) to support climate-related projects.The White House also said that Americans can « expect more action » on funding from the IRA – the Democrats’ climate legislation.BIDEN ADMIN REPORT COULD SLOW TRUMP’S EFFORTS TO UNLEASH DOMESTIC NATURAL GAS, EXPERTS SAYTrump has suggested that he would « undo » the IRA when he becomes president, legislation he has described as the « greatest scam in history. »Though some House Republicans, who secured a majority in the chamber in the next Congress, have also signaled support for reworking the climate bill, House Speaker Mike Johnson, R-La., told CNBC that « you’ve got to use a scalpel and not a sledgehammer » on the legislation.It’s unlikely, however, that the IRA would be completely overturned, given that nearly all the funds have already been awarded.TRUMP TO INSTALL ‘ENERGY CZAR’ TO DISMANTLE BIDEN CLIMATE RULES: REPORTWhite House spokesperson Andrew Bates warned against Republicans and the incoming administration attempting to undo Biden’s agenda. « Repealing President Biden’s signature laws would be an historic redistribution of wealth from working Americans to Big Pharma and China, » Bates said in a memo first obtained by NBC News, adding that despite potential pushback, projects under the IRA « have been locked-in. »Bates also suggested that Republican districts are benefiting from the IRA. »That includes the creation of over 330,000 clean energy jobs — disproportionately in House districts represented by Republicans, » Bates wrote. « Because of the Inflation Reduction Act, we’ve already saved more than 3.4 million Americans $8.4 million on clean energy upgrades to their homes, and more than 300,000 Americans have saved over $2 billion upfront on [electric vehicle] purchases. »
Source link : https://www.foxnews.com/politics/white-house-says-expect-more-climate-funding-before-president-biden-leaves-office
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Publish date : 2024-12-13 15:44:00
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White House says to ‘expect more’ climate funding before President Biden leaves office
