Wednesday, January 22, 2025

Biden-Harris Administration Announces $7.3 Billion in Clean Energy Investments from the Investing in America Agenda, Largest Investment in Rural Electrification Since the New Deal

WESTBY, WI, Sept. 5, 2024 – President Joe Biden and U.S. Department of Agriculture (USDA) Secretary Tom Vilsack made a groundbreaking announcement today during their visit to Wisconsin. The dynamic duo revealed their plans to provide rural electric cooperatives with over $7.3 billion in financing through the Empowering Rural America (New ERA) program. This initiative aims to bring clean energy to rural communities all across the United States.

The New ERA program is a testament to the Biden administration’s commitment to fighting climate change and promoting renewable energy. By investing in rural electric cooperatives, the government hopes to create a more sustainable and eco-friendly future for rural America. This move also aligns with the administration’s goal of achieving net-zero emissions by 2050.

The $7.3 billion financing will be used to build clean energy infrastructure such as wind turbines, solar panels, and energy storage systems. These projects will not only provide clean energy to rural communities but also create jobs and boost economic growth. This will greatly benefit the people living in these areas, who have often been left behind in terms of access to clean energy.

President Biden stressed the importance of this program in his speech, saying, “We cannot achieve our climate goals without including rural America. That’s why we are investing in clean energy infrastructure to bring the benefits of renewable energy to every corner of our country.”

The USDA Secretary, Tom Vilsack, also highlighted the significance of this initiative, stating, “Rural electric cooperatives have always been at the forefront of providing reliable and affordable electricity to rural areas. With this funding, they can now lead the way in transitioning to clean energy and reducing our carbon footprint.”

The New ERA program will not only benefit rural communities but also the environment. By reducing the reliance on fossil fuels, these projects will help in the fight against climate change. They will also improve air quality and reduce harmful emissions, making a significant impact on public health.

The announcement of this program has been met with overwhelming support from various stakeholders. Environmental groups have praised the government’s efforts to promote clean energy in rural areas. They see this as a step in the right direction towards achieving a greener and more sustainable future.

Rural electric cooperatives have also welcomed this funding, as it will enable them to modernize their infrastructure and provide their members with cleaner and more affordable energy. This will also help them meet the growing demand for renewable energy from their consumers.

The New ERA program is a win-win for everyone involved. It will create jobs, boost economic growth, and improve the environment. It will also contribute to the government’s goal of achieving 100% clean energy by 2035.

This announcement is just one of the many initiatives taken by the Biden administration to promote clean energy and combat climate change. The government has also invested in electric vehicle infrastructure, clean energy research, and other renewable energy projects. These efforts demonstrate the administration’s determination to address the climate crisis and create a more sustainable future for all Americans.

The $7.3 billion funding for rural electric cooperatives is a significant step towards achieving a cleaner and greener America. It is a testament to the government’s commitment to promoting clean energy and creating a more sustainable future for rural communities. With this program, President Biden and Secretary Vilsack have shown that they are truly empowering rural America and leading the country towards a brighter, cleaner, and more prosperous future.

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