President Biden’s Inflation Reduction Act represents the most aggressive action to confront the climate crisis in our nation’s history. It will make unprecedented investments in America’s clean energy future, strengthen our nation’s energy security, and advance environmental justice. And it will lower energy costs for families who want to install energy efficient appliances, make energy-saving…
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Treasury Issues New Guidance to Unleash Clean Energy Manufacturing
Today, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS), in partnership with the Department of Energy (DOE), issued the first of two notices to provide guidance on how taxpayers can benefit from a crucial manufacturing program in the Inflation Reduction Act. The Advanced Energy Project Credit, which was first enacted by the…
Advancing a Circular Economy to Meet Our Climate, Energy, and Economic Goals
By Former Deputy Director for Energy Sally Benson, Principal Assistant Director for Energy Costa Samaras, and Policy Assistant Rachel Reolfi In order to meet our climate goals, we must build an increasingly circular economy—an economy that keeps materials and products in circulation for as long as possible, rather than throwing them away. Both manufacturing new…
FACT SHEET: Biden-Harris Administration Announces New Clean Energy Projects to Revitalize Energy Communities, Support Coal Workers, and Reduce Reliance on Competitors Like China
President Biden’s Investing in America Agenda is Creating Jobs, Lowering Costs, and Driving Historic Economic Growth and More Than $14 Billion in Federal Investments in Energy Communities Today, at a White House convening with energy communities, the Biden-Harris Administration will announce historic new actions to create jobs, lower costs, and invest in the energy communities…
Readout of Inaugural Meeting of the U.S. – Canada Energy Transformation Taskforce
Today, U.S. Special Presidential Coordinator Amos Hochstein and Deputy Prime Minister Chrystia Freeland co-hosted the inaugural meeting of the U.S. – Canada Energy Transformation Taskforce. The Taskforce is a key outcome of President Biden’s March 23-24 visit with Prime Minister Trudeau in Ottawa. The Taskforce will work with departments and agencies across both governments to accelerate cooperation…
Remarks by President Biden at the 2023 Major Economies Forum on Energy and Climate
South Court Auditorium 8:35 A.M. EDT THE PRESIDENT: Thank you, John. And thank you so much for all — all of you being here. Good to see you all up on that screen. Today we have to do more than recognize the climate challenges we face. It seems to me we have to recommit ourselves…
Joint Statement on U.S.-EU Task Force on Energy Security
Progress report and outlook 2022-2023 1. ACCOMPLISHMENTS AND MILESTONES One year ago this week, the United States and the European Union (EU) stood up a joint U.S.-EU Task Force on Energy Security launched by President Biden and President von der Leyen. The Task Force has made major progress in meeting its goals to reduce the EU’s…
FACT SHEET: Biden-Harris Administration Announces New Actions and Investments to Lower Energy Costs, and Make Affordable Homes More Energy Efficient and Climate Resilient for Hard-Working Families
President Biden’s Investing in America Agenda is Lowering Energy Costs, Improving Housing Quality for Hard-Working Families, and Reducing Greenhouse Gas Emissions for Americans President Biden is focused on building a clean energy economy from the bottom up and middle out that helps hard-working families save money, protects public health, creates good-paying jobs and tackles the…
Parallel Processing the Path to Commercialization of Fusion Energy
By: Sally M. Benson and Costa SamarasEnergy Team, Office of Science and Technology Policy, Executive Office of the President What?! A path to commercialization of fusion energy? Fusion energy – that powers the stars – hasn’t yet been developed here on Earth in a way that produces more energy than it takes to sustain the…
Australia-United States Climate, Critical Minerals and Clean Energy Transformation Compact
Australia and the United States commit to enhance bilateral cooperation under a Climate, Critical Minerals and Clean Energy Transformation Compact (the Compact), establishing climate and clean energy as a central pillar of the Australia-United States Alliance. Australia and the United States recognise the importance of addressing the climate crisis as a critical component of the…