Biden Trumpproofs $74bn in climate funding but $20bn remains vulnerable
Jan 14, 2025
Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiativesThe Biden administration has raced to allocate $74bn of funding for climate initiatives before Donald Trump’s inauguration, leaving $20bn vulnerable to potential rollback by the incoming president, new figures reveal.As the inauguration of Trump looms, the outgoing administration has been accelerating its allocation of cash for climate change and clean energy programs before they are throttled by the incoming US president. Continue reading...