$400 Billion Investment for Clean Energy Research and Job Creation.
This Act establishes the National Institutes of Clean Energy, authorizing $400 billion through 2034 for climate and clean energy research and development. The goal is to accelerate innovation in areas like energy storage and electric vehicles while focusing on creating high-quality jobs. A key priority is directing benefits and minimizing environmental harm in communities disproportionately affected by pollution and job losses.
Key points
Establishes a new federal agency dedicated to clean energy R&D with a massive $400 billion budget over ten years.
Focuses on creating high-quality jobs and supporting workforce development, particularly in rural and deindustrialized areas with recent job losses.
Prioritizes technologies that improve public health and minimize environmental harm in vulnerable communities affected by pollution.
Status:
Expired
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