Biden administration races to shell out billions for clean energy as election nears

FILE - A driver waits in their car while charging their electric vehicles at an Electrify America station, Oct. 9, 2024, in Seattle. (AP Photo/Lindsey Wasson, File)

WASHINGTON (AP) 鈥 The Biden administration is shelling out billions of dollars for clean energy and approving major offshore wind projects as officials race to secure major climate initiatives before President Joe Biden's term comes to an end.

Biden wants to establish a legacy for climate action that includes locking in a trajectory for reducing the nation's planet-warming greenhouse gas emissions. Former President Donald Trump has pledged to rescind unspent funds in and if he returns to the White House in January.

Energy Secretary Jennifer Granholm told The Associated Press on Friday it would be 鈥減olitical malpractice鈥 to undo clean energy incentives that are benefiting all pockets of America, with most of the investments going to counties with below-average weekly wages and college graduation rates.

鈥淎 lot of it is going to parts of America who have felt left behind. And this is giving them opportunity,鈥 she said. 鈥淲hy would we take that away? And why would we prevent counties and cities and people and families from having future-facing jobs in industries like clean energy, which young people are very excited about being a part of?鈥

Still, Granholm said, she's racing to commit funding and get contracts signed.

Vice President Kamala Harris, who became the Democratic nominee after Biden dropped from the race this summer, has said she will pursue a climate agenda similar to Biden鈥檚,

Announcements of major environmental grants and project approvals have speeded up in recent months as White House Deputy Chief of Staff Natalie Quillian said Biden is 鈥渟printing to the finish鈥 and delivering on promises to promote clean energy and slow climate change:

The Environmental Protection Agency made available this summer for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.

The Bureau of Ocean Energy Management approved the nation鈥檚 10th large offshore wind farm, the Maryland Offshore Wind Project, in September, reaching the halfway mark for by 2030. On Oct. 1, to an offshore wind farm project in New Jersey.

In the past month alone, the Energy Department has made six announcements of a billion dollars or more, including more than and a $1.5 billion loan to . And just last week, for cities to replace their lead pipes, with $2.6 billion available from the EPA to help communities comply.

Besides the climate law, formally known as the Inflation Reduction Act, Biden is seeking to spend billions in projects approved under in 2021 and the 2022 The $1 trillion infrastructure law includes cash for roads, bridges, ports and more, while the CHIPS law aims to reinvigorate the computer chip sector in the United States through tens of billions of dollars in government support.

Energy experts say the rush of announcements is not surprising.

"I鈥檓 sure the prospect of a change in the White House, and a change in agency leadership, is creating an increased sense of urgency to get those programs stood up and implemented,'' said Trevor Houser, a partner at the Rhodium Group research firm.

There's an undeniable pressure to lock in as many energy transition benefits as possible before the end of the year, said Matt Lockwood, vice president of strategic market areas and accounts at DNV, which advises companies on energy issues. It's been two years since the climate legislation passed, so federal agencies are starting to churn through these transactions at a faster pace, he said.

The climate legislation put the country on a path to cutting greenhouse gas emissions to try to meet targets in the Paris climate accord. The investments are expected to reduce U.S. emissions by about 40% by 2030.

found that Trump would stall the transition from fossil fuels, though by how much would depend on whether the House or Senate is controlled by Democrats who could temper climate rollbacks. Trump, if unrestrained, could permanently alter the trajectory of the energy transition by repealing the climate legislation, substantially slowing renewable rollout and leaving the U.S. wedded to coal and gas for far longer, said Caspian Conran, an economist at Baringa who co-authored the analysis published Wednesday.

As vice president, Harris cast the tiebreaking vote on the , which was approved with only Democratic support. As a senator from California, she was an early sponsor of the , sweeping proposals meant to swiftly move the United States fully to green energy.

At a presidential debate last month, however, Harris because of an approach that recognizes that we cannot over-rely on foreign oil."

Trump's policies, meanwhile, could raise emissions by about 12% by 2030 compared to those favored by Harris or Biden, Baringa's report said, equivalent to roughly 660 million tons of carbon dioxide.

鈥淭his is a race against time to certain extent,鈥 Conran said in an interview. 鈥淪o even if you鈥檙e saying we鈥檙e delaying the transition (to clean energy) by five years, maybe that doesn鈥檛 seem like a lot. But actually that鈥檚 quite profound.鈥

The U.S. is the world鈥檚 second-largest emitter of planet-warming carbon dioxide. Baringa says Trump's first-term policies caused emissions to rise 9%, while Biden's policies lowered emissions by 11%.

Companies have announced about 340 major clean energy projects across the country in the past two years, according to E2, a nonpartisan environmental research group. Sixty percent of those, representing 82% of the investments and 69% of the jobs, are in Republican congressional districts despite unanimous GOP opposition to the law, E2 said.

Eighteen House Republicans, including several in close races for reelection, told the House speaker in August they want to protect energy tax credits in Biden's climate legislation that are creating jobs. 鈥淓nergy tax credits have spurred innovation, incentivized investment and created good jobs in many parts of the country 鈥 including many districts represented by members of our conference,鈥 the lawmakers wrote.

To get the clean energy transition right, the U.S. needs to commit to it across election cycles, from one administration to the next, and through sessions of Congress, said Conrad Schneider, senior director at the Clean Air Task Force, an advocacy group.

鈥淲e鈥檙e trying to publicize the fact that (clean energy) is really beneficial for communities all over the country, whatever political geography,'' he said. 鈥淎nd so we hope that will mean these programs can be sustained through any combination of electoral outcomes.鈥

___

McDermott reported from Providence, R.I.

___

The Associated Press鈥 climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP鈥檚 for working with philanthropies, a list of supporters and funded coverage areas at .

香港六合彩挂牌资料. All rights reserved.

More Environment Stories

Sign Up to Newsletters

Get the latest from 香港六合彩挂牌资料 News in your inbox. Select the emails you're interested in below.