White House Awards $20 Billion to Nation’s First ‘Green Bank’ Network

5 months ago 46

At least 70 percent of the funds will go to disadvantaged communities, the administration said, while 20 percent will go to rural communities and more than 5 percent will go to tribal communities.

By Kristoffer Tigue

The Biden administration on Thursday announced it was creating the nation’s first “green bank” network, an historic $20 billion investment aimed at making clean energy affordable to low-income and rural residents. 

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