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New Energy for America was a plan led by President Barack Obama and Vice President Joe Biden beginning in 2008 to invest in renewable energy sources, reduce reliance on foreign oil, address global warming issues, and create jobs for Americans.
Section 9007 of the bill renames the U.S. Department of Agriculture's current Renewable Energy and Energy Efficiency Program as the "Rural Energy for America Program", providing $55 million in CCC funds for FY 2009, increasing to $70 million for FY 2011 and 2012, while authorizing another $25 million in discretionary funds.
• Allowing renewable energy developers to receive government grants instead of tax credits. In his 2011 State of the Union Address , President Obama called for a goal, "By 2035, 80 percent of America's electricity will come from clean energy sources."
The Daily Yonder reports that since the inception of the Inflation Reduction Act, small-scale funding for the Rural Energy for America Program is down, with the greater number of grants going to ...
WASHINGTON (Reuters) -U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, Biden senior advisor for ...
House Republicans have proposed cutting nearly $500 million from the Rural Energy for America Program, also known as REAP.
America needs renewable energy. If renewable energy is to be developed to its full potential, America will need coordinated, sustained federal and state policies that expand renewable energy markets; promote and deploy new technology; and provide appropriate opportunities to encourage renewable energy use in all critical energy market sectors ...
Alternatively, Senators Maria Cantwell and Susan Collins introduced the Carbon Limits and Energy for America's Renewal (CLEAR) Act. This bill proposed a cap and dividend approach in which 75% of the revenue is returned to taxpayers in the form of a dividend, and the rest is used to fund to development of renewable energy. [59]
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