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The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [266] [267] According to a Biden administration statement, in the first year of implementation, around $2 billion was allocated to protect and restore land and marine ecosystems, including National Parks and the National Wildlife Refuge System. [268]
The law, officially known as the Inflation Reduction Act, includes nearly $400 billion in spending and tax credits to accelerate the expansion of clean energy such as wind and solar power ...
The U.S. government designed TIGER grants in order to incentivize bettering environmental problems and reducing the United States' dependence on energy.On the economic front, the United States hopes infrastructure investment will encourage job creation, a pressing political priority; this would likely require the project to be shovel-ready.
The funding comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. [202] [203] In February 2024, $157 million was allocated to 206 projects linked to ecosystem restoration. The projects are spread all over the territory of the United States and are advanced in cooperation with states, tribes, nonprofits and ...
One way the administration did that was through the Inflation Reduction Act (IRA), which was signed into law in 2022. Key provisions of the bill are directly aimed at improving the lives of the ...
The legislation signed into law by President Biden on Tuesday will reserve nearly $370 billion to strengthen combative efforts against climate change.