The Biden administration is moving quickly to distribute climate-related funds from the Inflation Reduction Act (IRA), ahead of potential threats from Donald Trump, who has pledged to rescind any unspent money if he wins the 2024 election. So far, the administration has allocated $90 billion, representing 70% of the IRA’s climate-focused grants. Another $15 billion may be awarded soon, with the aim of securing most funds before the next presidential term begins.
The IRA is the largest climate law in U.S. history, valued at over $400 billion, with provisions supporting clean energy projects like electric vehicles, solar plants, and wind farms. Biden’s team is focused on ensuring the funds are spent “as quickly and equitably as possible” to make it difficult for any future administration to claw them back.
Trump has repeatedly criticized the IRA, calling climate change a hoax, and has vowed to cancel all unspent climate-related funds if elected. However, legal experts argue that such actions would face significant legal challenges, as the Impoundment Control Act limits a president’s ability to withhold or reallocate funds already appropriated by Congress.
https://www.reuters.com/world/us/biden-administration-spending-climate-cash-fast-trump-threatens-cancel-it-2024-09-18/
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13 w
The goal should be to ramp up investment in renewable energy, sustainable infrastructure, and resilience projects to address the impacts of climate change across the country.
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15 w
What I don't understand is how he can be so blatant about doing away with funding the EPA and others be in support of that.
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16 w
The us citizens should think before they do elect a president who is going to lead them to their death.
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16 w
Dear Rashid Kamau Your climate warning has received over 50 agrees! We have reached out to Donald Trump by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time
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16 w
Trump winning the elections will be a loss to the climate crisis fight
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16 w
The Biden administration's push to expedite climate funding reflects a strategic commitment to environmental sustainability, contrasting sharply with Trump's stance on revoking unused funds. Trump is just a climate denier.
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16 w
The kind of leaders that we really shouldn't even consider for leadership as they do bring about more harm than good.
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16 w
It's going to be disastrous if Trump wins the U.S.A elections.
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16 w
Trump's promise to revoke unused funds underscores the political volatility surrounding climate policy, creating uncertainty for long-term environmental strategies. Hope the voters will make the right decision!