Joe Biden, the President, to unveil $600 million for climate initiatives during visit to Bay Area on Monday.

By Better Today On Jun 18, 2023

President Biden to Announce New Funding to Tackle U.S. Climate Crisis

President Joe Biden is set to announce new funding to tackle the U.S. climate crisis during his visit to California. The President will be in the Bay Area for a series of campaign fundraisers, but he will also mix in official business with a stop focusing on climate change in Palo Alto.

According to a White House official, the President will tour a coastal wetland and announce more than $600 million for climate adaptation projects through his Investing in America agenda to better protect the nation’s power grid from extreme weather events and prepare coastal and Great Lakes communities for climate change impacts like sea level rise, tidal flooding, and storm surge.

Funding for this initiative is coming from both the Inflation Reduction Act and the Bipartisan Infrastructure Law.

President Biden will be highlighting the urgency of taking bold climate action and strengthening America’s resilience. The White House also says that through the President’s historic Investing in America agenda, the National Oceanic and Atmospheric Administration (NOAA) will later this week launch a first-ever $575 million Climate Resilience Regional Challenge to help coastal and Great Lakes communities, including Tribal communities in those regions, become more resilient to extreme weather and other impacts of the climate crisis.

In January, President Biden visited Capitola and surrounding towns in Santa Cruz County when they were hit hard by the winter storms. The President returns to the Bay Area to raise money for his 2024 reelection presidential campaign.

President Biden’s visit to California is part of his effort to combat climate change and support the country’s transition to clean energy. The President has set ambitious climate goals, including a commitment to reducing greenhouse gas emissions by up to 52% by 2030, compared to 2005 levels.

This announcement comes as California and other western states are experiencing a record-breaking heatwave and drought, which are exacerbating the risk of wildfires. President Biden’s funding initiative will help to protect communities from the devastating effects of climate change and support America’s transition to a more sustainable future.

Original Story at abc30.com – 2023-06-18 22:11:44