Biden Unveils $7B Solar Investment to Power Low-Income Homes and Slash Carbon Pollution
April 22, 2024
President Joe Biden has announced a $7 billion investment in solar projects for over 900,000 low- and middle-income households.
The initiative is expected to save each household approximately $400 annually and reduce carbon emissions by 30 million metric tons over 25 years.
Funded by the Inflation Reduction Act, the program will collectively save $350 million a year on electric bills and is part of the American Climate Corps initiative.
The Biden administration is focusing on involving young people in climate resilience and clean energy efforts, coinciding with political engagement strategies for the upcoming elections.
New pollution standards for power plants have been set, with the EPA enacting four final Clean Air Act rules aimed at reducing emissions from fossil fuel generation.
The 2021 Earth Day theme, 'Planet vs. Plastics', targets a 60% reduction in plastic use by 2040, and individuals are encouraged to participate in events through earthday.org.
Summary based on 13 sources
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Sources

The New York Times • Apr 22, 2024
Biden Earth Day Event Will Try to Reach Young Voters, a Crucial Bloc
The Guardian • Apr 22, 2024
Biden marks Earth Day with $7bn ‘solar for all’ investment amid week of climate action
Time • Apr 22, 2024
Biden to Unveil $7 Billion in Solar Power Grants
Yahoo News • Apr 22, 2024
Biden marks Earth Day with $7bn ‘solar for all’ investment amid week of climate action