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$20 billion approved for clean energy

$20 billion approved for clean energy

In the future, US$20 billion will flow into clean energy in the United States. Republicans criticize the plan.

The US Environmental Protection Agency (EPA) on Thursday approved $20 billion to support clean energy projects across the country. The project aims to advance the energy transition and reduce greenhouse gas emissions.

“This is a historic investment in our nation's future,” said EPA Administrator Michael Reagan. “With this funding, we will support communities across America to use clean energy and fight the climate crisis.”

Republicans criticize the plan

The program will support non-profit organizations with low-interest loans and grants. The funds can be used for various projects including installing solar and wind turbines, promoting energy efficiency measures and building electric vehicle charging stations.

Republicans have criticized the plan's funding. They argue that this is a waste of taxpayers' money and that the private sector is better suited to drive the energy transition.

Democrats protect investment

Democrats, on the other hand, protect investment. They argue that it is a necessary investment in the country's future and that creating jobs in clean energy will boost the economy.

The plan is part of the Biden administration's efforts to combat climate change. The government has committed to reducing greenhouse gas emissions by 50-52 percent below 2005 levels by 2030.