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Biden administration announces more than $2 billion in grants to boost US power grid (grist.org)
submitted 2 months ago by jeffw@lemmy.world to c/climate@slrpnk.net
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[-] Kit@lemmy.blahaj.zone 16 points 2 months ago

Tldr "Though the new projects take on a variety of flavors, they are all ultimately chasing after a singular goal: bolstering a power grid that is central to the effort to stop using fossil fuels."

[-] lettruthout@lemmy.world 7 points 2 months ago

And in compensation for the investment, the federal government will get a share of the profits made from that electricity, right?

[-] Kit@lemmy.blahaj.zone 13 points 2 months ago

The compensation is access to electricity. And this project is specifically tied to greener sources of energy.

[-] Letstakealook@lemm.ee 1 points 2 months ago

Like the access rural Americans got from billions of dollars in federal investment in telecoms?

[-] 0p3r470r@lemm.ee 5 points 2 months ago

Texas: Nah we good

[-] skhayfa@lemmy.world 1 points 2 months ago

Compare this to the 3.5B grant to.bomb Gaza

this post was submitted on 11 Aug 2024
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