Tag Archives: Biden Administration

Biden Administration, Housing, News & Photo Features

Inflation Causing Grief? Here’s What the Biden-Harris Administration is Doing to Save You Money on Everyday Costs from Housing to Healthcare to Childcare, Utilities to Groceries

The White House provided this fact sheet on the ways the Biden-Harris Administration has worked to lower costs – and counter the impacts of inflation – for families, while highlighting the contrast with Republican policies, which if given power, would reverse, repeal the progress.

The Trump/MAGA campaign delights in attacking Vice President Kamala Harris for anything they charge went wrong in the last four years (falsely attacking her as the Border Czar and deflecting blame for sabotaging passage of the Bipartisan Border Security bill), especially inflating levels of inflation and lying about economic growth. But if she is blamed for what they say went wrong, shouldn’t the Vice President also take credit for what the administration is doing so well to improve lives for ordinary Americans and counter the impacts of inflation, price-gouging and profit-taking by corporations? Indeed, as Vice President, she has the blueprint to continue such policies in her administration and not be stuck starting from scratch.—Karen Rubin/news-photos-features.com

“My plan is to lower everyday costs for hardworking families and lower the deficit by asking large corporations and the wealthiest Americans to not engage in price gouging and to pay their fair share in taxes.” — President Biden
 

The Biden-Harris Administration is cutting mortgage insurance premiums and expanding rental assistance, and they are calling on Congress to help build more homes and lower costs for homebuyers and renters. The Administration is lowering utility bills by increasing access to solar energy through tax credits up to 30% of the cost of rooftop solar and battery storage and expanded access to residential community solar © Karen Rubin/news-photos-features.com

President Biden and Vice President Harris know that prices are too high and too many families are being squeezed by the cost of living. Their actions are lowering costs in key areas—from health insurance premiums and prescription drug prices to utility bills, groceries, and gas. And their Administration is fighting to further lower costs by taking on price gouging by big corporations making record profits and special interests like Big Pharma that are charging prices two or three times higher than in other countries—while successfully calling on grocery chains to lower grocery prices.
 
There is more to do. The President and Vice President will keep fighting for hardworking families with an agenda to lower housing and child care costs, and give tax relief to working Americans and middle-class families while making the wealthy and big corporations pay their fair share.
 
While Congressional Republicans side with special interests and billionaires to keep prices and profits high, the Biden-Harris Administration will continue to take action to lower costs for the American people.
 
President Biden and Vice President Harris’s lowering costs agenda, and Congressional Republicans’ plan to raise costs: 

Lowering Health Care Costs 
President Biden and Vice President Harris are fighting for families who are struggling with health care costs and pharmaceutical prices that are two to three times higher than in other countries. They are taking historic action to lower costs—taking on Big Pharma to allow Medicare to negotiate lower prescription drug prices, capping the cost of insulin and prescription drugs for seniors, and building on the Affordable Care Act to lower health insurance premiums by about $800 per year for millions of Americans. Their plan will extend and expand those actions to cap costs for all Americans. Congressional Republicans voted against these actions to lower health care costs—their plan would increase prices for millions of families and cut Medicare, Medicaid, and the Affordable Care Act. 

Biden-Harris Administration Actions:

  • Lowering health insurance premiums by an average of about $800 per year for millions of Americans by expanding the Affordable Care Act’s premium tax credits—helping an additional 900,000 Hispanic Americans, 430,000 Black Americans, and 100,000 Asian Americans get health insurance.
  • Capping prescription drug costs at $2,000 per year for 54 million seniors, people with disabilities, and other Medicare beneficiaries starting in 2025, saving 19 million households an average of $400 per year.
  • Giving Medicare the power to negotiate lower prescription drug prices, which could lower costs for drugs used by up to 9 million seniors and people with disabilities in 2026 alone.
  • Lowering prescription drug prices by requiring companies to pay rebates if they raise prices faster than the rate of inflation—which is already saving up to 750,000 Medicare beneficiaries between $1 and $3,575 per day.
  • Capping insulin costs at $35 per month for Medicare beneficiaries, saving 1.5 million seniors and people with disabilities as much as $365 per month—and getting the three largest insulin producers to cap insulin prices for other Americans.
  • Lowering inhaler costs to $35 from three of the largest inhaler producers by calling out excessive prices and challenging improperly listed patents, saving eligible consumers around $1,200 per year.
  • Lowering hearing aid prices by as much as $3,000 per pair by making hearing aids available over the counter.
  • Providing free vaccines for Medicare beneficiaries, including the shingles vaccine—saving seniors and people with disabilities an average of $70 per year.
  • Reducing medical debt by preventing as many as 1 million surprise medical bills averaging $750 to $2,600 every month and cracking down on junk health insurance.
  • Forgiving medical debt for nearly 3 million Americans by 2026 via states and local governments using American Rescue Plan funds.

The Biden-Harris Administration Plan:

  • Lower health insurance premiums by about $800 per year permanently for millions of Americans by extending the expanded Affordable Care Act tax credits.
  • Lower prices for more prescription drugs by letting Medicare negotiate prices for more drugs.
  • Cap insulin costs at $35 per month for all Americans, which would save nearly $1,000 per year for the millions of Americans not on Medicare that use insulin.
  • Cap prescription drug costs at $2,000 per year for all Americans.
  • Address price gouging by Big Pharma by proposing a new march-in framework, which would help ensure that taxpayer-funded drugs are reasonably accessible to the public, including at a reasonable price.
  • Reduce the burden of medical debt by proposing that it be excluded from credit reports, which would raise credit scores for 15 million Americans by an average of 20 points and lead to the approval of approximately 22,000 additional mortgages every year.

The Republican Plan to Increase Costs:

Lowering Utility Bills

President Biden and Vice President Harris know the burden that rising utility bills place on families. They are taking action to lower energy costs with affordable clean energy and energy efficient appliances, and to lower cable and satellite TV bills by banning hidden junk fees. Congressional Republicans voted with Big Oil to keep utility bills and gas prices high. 

Biden-Harris Administration Actions:

  • Lowering utility bills an average of $500 per year by lowering the cost of energy-saving home improvements through up front tax credits of up to $3,200 and direct consumer rebates of up to $14,000 for heat pumps, doors, windows, and insulation.
  • Lowering utility bills by nearly $400 per year by increasing access to solar energy through tax credits of up to 30% of the cost of rooftop solar and battery storage and expanded access to residential community solar.
  • Lowering heating and cooling costs through recordincreases in the Low Income Home Energy Assistance Program (LIHEAP).
  • Saving households $170-220 per year on their electricity bills and other goods and services over the next decade by investing in affordable clean energy.
  • Lowering cable and satellite TV bills by requiring providers to give consumers the all-in price up front.
  • Lowered internet bills by $30–75 per month for over 23 million households, saving them more than $360 a year.

The Biden-Harris Administration Plan:

  • Ban early termination fees for TV, phone, and internet service, which can cost more than $200.

The Republican Plan to Increase Costs:

Lowering Gas Prices and Travel Costs

President Biden and Vice President Harris know prices at the pump and travel costs are too high. They are taking action to lower gas prices now through record energy production and strategic releases of oil and gasoline, and to lower gas prices for the long term and expand access to affordable clean vehicles. They’re also taking on airlines’ hidden junk fees that increase the cost of flights. Congressional Republicans voted against these actions and with special interests to keep gas prices and travel costs high. 

Biden-Harris Administration Actions:

  • Lowering gas prices this summer with the sale of 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve ahead of the Fourth of July.
  • Lowering gas prices by up to 25 cents per gallon in certain markets, particularly in the Midwest, by making E15 gasoline available in the summer.
  • Lowered gas prices in 2022 by as much as 40 cents per gallon with historic, coordinated releases from the Strategic Petroleum Reserve—saving a household with two cars as much as $250 on gas after Putin’s war against Ukraine caused prices to spike.
  • Lowering fuel costs by an average of $700 a year and maintenance costs by $500 a year by lowering the cost of clean vehicles through tax credits available at purchase of up to $7,500 for new clean vehicles and up to $4,000 for used clean vehicles, as well as up to $1,000 for charger installation.
    • Learn how you can save on fuel costs and clean vehicles at Energy.gov/Save.
  • Cracking down on anticompetitive practices by oil executives that can raise prices at the pump.
  • Banning surprise airline junk fees by requiring upfront disclosure of baggage, change, and cancellation fees, saving Americans over half a billion dollars a year.
  • Requiring airlines provide automatic cash refunds for canceled or significantly changed flights, delayed baggage, and when services like WiFi are unavailable.
  • Securing commitments from airlines to guarantee hotels and meals when they are at fault for flight delays or cancellations.

The Biden-Harris Administration Plan:

  • Ban family seating fees to guarantee that parents can sit with their children for no extra charge when they fly, saving a family of four about $200 per roundtrip flight—building on commitments the Administration secured from four major airlines.
  • Require airlines cover expenses such as meals, hotels, and rebooking and provide additional compensation when they are responsible for delays or cancellations.
  • Partner with 18 state attorneys general to enforce against unfair airline practices that can raise ticket prices or shortchange passengers.

The Republican Plan to Increase Costs:

  • Congressional Republicans sided with Big Oil to vote against lowering gas prices and with special interests to try to keep travel costs high.

Lowering Housing Costs

President Biden and Vice President Harris know housing costs are too high, and they are fighting to lower them. Their Administration is cutting mortgage insurance premiums and expanding rental assistance, and they are calling on Congress to help build more homes and lower costs for homebuyers and renters. Their plan will give more Americans a chance at the American Dream. Congressional Republicans voted to raise housing prices by cutting programs that increase affordable housing and provide assistance to renters. 

Biden-Harris Administration Actions:

  • Cutting mortgage insurance premiums by about $900 per year for nearly 700,000 homebuyers and homeowners.
  • Providing rental assistance to more than 5 million households, including an additional 100,000 low-income families.
  • Capping rent increases in roughly 2 million apartments financed by the Low-Income Housing Tax Credit (LIHTC), saving nearly 1 million households hundreds of dollars in rent in 2024.
  • Cracking down on rental junk fees, including repeated application fees, “convenience fees” to pay rent online, and fees for mail sorting and trash collection.
  • Cracking down on price-fixing by landlords that can raise rents for tens of millions of apartments.
  • Provided rental assistance to 8 million renters to help pay rent, keep them in their homes, and cover utilities bills during the pandemic.
  • Provided homeowner assistance to over 500,000 homeowners for mortgage payments, utility expenses, and property taxes during the pandemic.

The Biden-Harris Administration Plan:

The Republican Plan to Increase Costs:

  • Congressional Republicans want to raise housing costs, including repealing investments to increase affordable housing and keep homeowners and renters in their homes, and have repeatedly proposed increasing housing costs by cutting funding for rental assistance, to build more homes, and to lower mortgage costs. Senate Republicans oppose a bill that passed the House with overwhelming bipartisan support that would help build 200,000 affordable homes.

Lowering Grocery Costs

President Biden and Vice President Harris know grocery prices are too high. They called on grocery chains making record profits to lower their prices, and appreciate that some have answered the call. Their Administration is taking action to lower grocery costs—increasing food assistance for low-income families; strengthening supply chains to lower food prices; and cracking down on price gouging and promoting competition in the agriculture industry. Congressional Republicans want to put a large tax on food imports and have voted to increase grocery costs by cutting food assistance for low-income families, new moms, and seniors. 

Biden-Harris Administration Actions:

The Biden-Harris Administration Plan:

The Republican Plan to Increase Costs:

  • Congressional Republicans have voted to keep grocery costs high by cutting food assistance for low-income families, new parents, and babies; slashing Meals on Wheels for seniors; and siding with Big Ag to try to block actions to increase competition in agriculture. Congressional Republicans are also calling for huge taxes on food imports, including a 10% across-the-board tax on all imports that would raise costs for families by an average of $1,500 per year.

Lowering Child Care and Education Costs

President Biden and Vice President Harris know child care and education is unaffordable for many families. They are fighting to lower these costs by capping child care costs for low-income families, expanding access to workforce training, and delivering on student debt relief. Their plan lowers child care costs to no more than $10 a day for most Americans, expands free universal preschool, and lowers the cost of college. Congressional Republicans have voted to raise child care and education costs by cutting Head Start and Pre-K programs, cutting Pell Grants, and blocking student debt relief. 

Biden-Harris Administration Actions:

The Biden-Harris Administration Plan:

  • Save families with children an average of $2,600 per year by restoring the expanded Child Tax Credit to help families afford everyday costs and lift 3 million children out of poverty.
  • Lower child care costs with a new program to guarantee affordable, high-quality child care for 16 million children in families making up to $200,000 per year, with most families paying no more than $10 a day and the average family saving $7,200 a year.
  • Save families of 4 million children $13,000 a year with free, universal preschool and Head Start for all four-year-olds and a path to expand preschool to three-year-olds.
  • Lower college costs by remaining on a path to double the maximum Pell Grant to $13,000 per year by 2029—with an increase of $750 next school year alone.
  • Lower the cost of college tuition by up to $20,000 by increasing access to dual enrollment for high school students.
  • Expand free community college—saving eligible students $4,500 or more per year.
  • Expand student debt relief to over 30 million Americans, including those with runaway interest, who are eligible for forgiveness but not enrolled, who entered repayment over 20 years ago, or who attended programs that failed to provide sufficient value.

The Republican Plan to Increase Costs:

Lowering Credit Card, Banking, and Other Financial Costs

President Biden and Vice President Harris are fighting Big Banks to lower the costs of using credit cards, bank services, and other financial costs. They are cutting credit card late fees from $32 to $8, overdraft fees from $35 to as low as $3, and taking on other hidden junk fees to save Americans $20 billion per year. Congressional Republicans have sided with Big Banks on Wall Street and Park Avenue to try to protect these junk fees that burden hardworking families.

Biden-Harris Administration Actions:

  • Cutting credit card late fees from $32 to $8, saving the 45 million Americans that pay these fees an average of $220 per year.
  • Protecting retirement security by cracking down on junk fees in retirement investment advice, increasing retirement savings by tens or even hundreds of thousands of dollars.
  • Saving taxpayers an average of $150 peryear with Direct File—a new, free tax filing option that has already saved filers millions of dollars in its Pilot Program and is now being expanded across the country.

The Biden-Harris Administration Plan:

The Republican Plan to Increase Costs:Congressional Republicans sided with Big Banks and other special interests to try to block actions to ban junk fees—including voting to keep credit card late fees high—and Republican officials have joined big corporations to try to overturn these consumer protections in court.

Biden Administration, Economic Development, Economic Policies, Manufacturing

Biden Marking 2-Year Anniversary of Passage of CHIPS & Science Act Cites Historic Achievements

On the two-year anniversary of passage of the CHIPS and Science Act, President Biden issued this statement and the White House issued a Fact Sheet documenting the historic achievement of the act is bringing  back to the USA semiconductor supply chains, creating jobs, supporting American innovation, and is protecting National Security:

“America invented the semiconductor – those tiny chips that power electric vehicles, appliances, cell phones, satellites, and are critical in AI. But over time we went from manufacturing 40% of the world’s semiconductors, to just over 10%. When Vice President Harris and I came into office, we were determined to change that,” President Biden stated.

“Since I took office, companies have announced nearly $400 billion in investments in semiconductor manufacturing in the United States, spurred in large part by support from the CHIPS and Science Act. As a result of these investments, we’re creating over 115,000 manufacturing and construction jobs in the semiconductor industry. And America is now on track to produce nearly 30% of the global supply of leading-edge chips by 2032, up from zero only two years ago.  

“While there is more to do, my CHIPS and Science Act is bringing chips manufacturing back to America, strengthening global supply chains, and is making sure the United States remains a world leader in AI and other technologies that families, businesses, and our military rely on each and every day.”

New York State Governor Kathy Hochul added,  “Two years ago today, the future of American manufacturing changed – forever. With the stroke of a pen, President Biden signed the CHIPS and Science Act into law.

“Since that extraordinary day, New York State has benefitted from unprecedented investments that are transforming our state into a global hub for semiconductor manufacturing. Chip companies have announced over $112 billion in planned capital investments in New York – revitalizing Upstate communities and creating tens of thousands of good-paying jobs. No other region in America will account for a greater share of domestic production. 

“And we’re not done yet. This critical industry is continuing to expand with major investments from semiconductor businesses and supply chain companies like Micron, GlobalFoundries, AMD, Edwards Vacuum, MenloMicro and TTM Technologies to expand their presence in New York. In July, the U.S. Department of Commerce awarded a phase two Tech Hub grant of $40 million to the New York Semiconductor Manufacturing and Research Technology Innovation Corridor (NY SMART-I Corridor) consortium. Over the next five years, the consortium will serve a critical role in supporting Upstate New York’s continued growth into a globally competitive center of semiconductor workforce development, innovation and manufacturing. 

“For communities that have experienced decades of economic stagnation and neglect, these extraordinary commitments are the beginning of an economic renewal – bringing better schools, better hospitals, safer streets and stronger infrastructure. 

“The CHIPS and Science Act has put New York on the precipice of a defining age of manufacturing and transformed the future for generations of New Yorkers. I’m grateful to Leader Schumer, Leader Jeffries, the New York Congressional Delegation and the Biden-Harris Administration for their historic efforts and for keeping their promise to the American people.” 

FACT SHEET: Two Years after the CHIPS and Science Act, Biden-⁠Harris Administration Celebrates Historic Achievements in Bringing Semiconductor Supply Chains Home, Creating Jobs, Supporting Innovation, and Protecting National Security 
  
Companies have announced $395+ billion in investments in semiconductors and electronics and the creation of over 115,000 jobs since President Biden and Vice President Harris took office 
  

Two years ago, President Biden signed into law the CHIPS and Science Act (CHIPS), aimed at reestablishing United States’ leadership in semiconductor manufacturing, shoring up global supply chains, and strengthening national and economic security. America invented the semiconductor, and used to produce nearly 40 percent of the world’s chips, but today, we produce only about 10 percent of global supply—and none of the most advanced chips. The CHIPS and Science Act aimed to change that by investing nearly $53 billion in U.S. semiconductor manufacturing, research and development, and workforce.  
  
Dozens of companies have committed to nearly $400 billion in total semiconductor investments across the country. These investments have been spurred in large part by the Department of Commerce’s CHIPS Incentives program, which has signed preliminary agreements with 15 companies across 15 states to provide over $30 billion in direct funding and roughly $25 billion in loans for semiconductor manufacturing projects. These projects will support the creation of more than 115,000 direct construction and manufacturing jobs, with further investments in workforce development and training to come – helping to ensure more chips are made in America by American workers. As a result of these investments, the United States is on track to produce nearly 30% of the global supply of leading-edge chips by 2032, up from zero percent when President Biden and Vice President Harris took office. 
  
As part of the CHIPS Act, the Biden-Harris Administration has also made regional investments to spur centers of innovation across America through the Tech Hubs program, has made investments to revitalize communities historically overlooked by federal investment through the Recompete program, and is making critical investments in research and development and workforce initiatives across the semiconductor ecosystem.   
  
Two Years of Progress on Semiconductor Manufacturing and Innovation 

In the past two years, agencies across the federal government have developed and executed on programs established under CHIPS to restore domestic semiconductor manufacturing, invest in research and development, support supply chain resiliency and national security, and catalyze economic and workforce development. Key milestones in the Administration’s implementation of CHIPS include: 
  
Reshoring U.S. Semiconductor Manufacturing 
  
Thanks to CHIPS Act, the United States will once again be a world leader in manufacturing the semiconductors that power our lives. In the two years since President Biden signed the CHIPS Act into law: 

  1. The Department of Commerce CHIPS Incentives Program announced preliminary agreements with 15 companies, totaling over $30 billion of the total available $39 billion in direct incentives funded by the CHIPS and Science Act. Commerce is on track to allocate all remaining funds with CHIPS grantees by the end of 2024. 
  2. Two years ago, the U.S. produced none of the world’s most advanced chips. Now, America is home to all five of the world’s leading-edge logic, memory, and advanced packaging providers, while no other economy has more than two. Collectively, these fabs will enable the United States to produce nearly 30% of the global supply of leading-edge chips by 2032.  
  3. The CHIPS Act is creating a robust semiconductor ecosystem by supporting multiple high-volume advanced packaging facilities, expanded production of current and mature-node semiconductors, and critical supply chain components, all by the end of the decade to support critical industries from automobiles and medical devices to artificial intelligence and aerospace.  
  4. The Department of the Treasury continues to work on a final rule on the Advanced Manufacturing Investment Credit, which provides a 25% investment tax credit for companies engaged in semiconductor manufacturing and producing semiconductor manufacturing equipment. 
      

Creating Jobs and Workforce Pipelines for American Workers 

A centerpiece of the Biden-Harris Administration’s Investing in America agenda is to create good paying job opportunities for Americans across the country. CHIPS has dedicated hundreds of millions of dollars to ensuring that America’s semiconductor comeback will serve to benefit American workers. For example: 

  1. CHIPS-funded projects are creating more than 115,000 construction and manufacturing jobs with over $250 million of CHIPS funding earmarked for local community workforce development, the use of which will be guided by local stakeholder input, including from academic institutions, training providers, and labor unions, and federal partners, including the Departments of Labor and Education. These projects will also pay construction workers prevailing wages, which ensures they earn family-sustaining wages and benefits, and include some of the largest Project Labor Agreements in history, establishing that the future of this industry in America will be built by union workers. 
  2. The Biden-Harris Administration launched Investing in America Workforce Hubs in Upstate New York, Phoenix, Arizona, and Columbus, Ohio to support the training needed for the growing industries there, including booming semiconductor ecosystems. These are just three of the nine Workforce Hubs across the country which are creating pipelines for Americans to access good-paying jobs in the industries seeing increased investments thanks to President Biden’s Investing in America agenda.  
  3. The Department of Commerce expects to invest hundreds of millions of dollars into the National Semiconductor Technology Center’s (NSTC) workforce efforts, including the Workforce Center of Excellence which will collaborate with industry, academia, labor unions, the Departments of Labor and Education, the National Science Foundation, and local government partners to address end-to-end workforce training needs from access to adoption. 
  4. The National Science Foundation (NSF) launched its Future of Semiconductors (FuSe) initiative, a $45.6 million investment to conduct frontier research and develop the future microelectronics workforce. The NSF also announced its inaugural Regional Innovation Engines, 10 locations receiving a $150 million investment with the potential for up to $2 billion in funding over the next decade. 
  5. Companies applying for more than $150 million in grants were required to submit a robust child care plan that reflects the needs of their workers in communities where they plan to build.  Some of the largest projects, such as those of Micron and Intel, have committed to providing affordable, accessible, high-quality child care for thousands of workers across multiple facilities in multiple states. This has already led to a dramatic expansion of benefits including the construction of dedicated child care facilities at multiple project sites as well as discount and reimbursement programs in collaboration with local child care providers. 

  
Accelerating Regional Economic Development and Innovation 

President Biden and Vice President Harris are investing in regions that suffered from disinvestment for too long despite their economic potential. Through the Investing in America Agenda, this Administration is building an economy that brings innovation and opportunity for hardworking American families. The CHIPS Act expanded the suite of place-based investment efforts under the Biden-Harris Administration to build on the momentum of programs under the American Rescue Plan. In the two years since the CHIPS Act was signed: 

  1. The Department of Commerce announced $504 million for 12 Tech Hubs to give regions across the nation the resources and opportunities needed to lead in the economies of the future, such as semiconductors, clean energy, biotechnology, AI, quantum computing, and more.  
  2. The Department of Commerce is awarding $184 million to six Recompete Pilot Program finalists; creating renewed opportunity in economically distressed communities through good-paying, high-quality jobs. The Recompete Pilot Program targets areas where prime-age employment is significantly lower than the national average and provides flexible and locally-drive investments to support economic comebacks. 
  3. The National Science Foundation announced $150 million for 10 inaugural awards that has already been matched by more than $350 million in commitments from state and local governments, the private sector and philanthropy. These 10 NSF Engines have the potential to receive over $2 billion over the next decade, paving the way toward a new frontier in American innovation.  
  4. The Small Business Innovation Research (SBIR) Program will announce nearly $54 million in funding that will help small businesses explore innovative ideas and the commercial microelectronics marketplace. 

  
Protecting National Security and Working with Allies and Partners 

In September 2023, the Department of Commerce finalized rules to implement the national security guardrails laid out in CHIPS. These guardrails are preventing technology and innovation funded by the program from being misused by foreign countries of concern and protecting our industrial ecosystem. CHIPS manufacturing funds are also going towards companies building the semiconductors that are essential to our aerospace and defense industries. 

  1. CHIPS grant funds are directly supporting our national security by increasing the supply of critical technologies needed to protect Americans, including the production of chips necessary for critical defense programs including the F-35 fighter jet program, and chips for everyday applications that impact all Americans, from cars to secure Wi-Fi.  
  2. The Department of Defense’s Microelectronics Commons Program has announced an initial $280 million in first year projects to create resilient onshore ecosystems for cutting-edge applications in six key areas: secure edge/internet of things, electromagnetic warfare, 5G/6G, Quantum technology, artificial intelligence hardware, and commercial leap ahead technologies. These projects build off the Commons regionals hubs and are set to kick off, along with additional awards for human, digital, and physical infrastructure, by the end of the year. 
  3. The State Department recently launched the CHIPS Act International Technology Security and Innovation (ITSI) Fund supported ITSI Western Hemisphere Semiconductor Initiative, which will enhance assembly, testing and packaging capabilities in partner countries including Mexico, Panama, and Costa Rica. New partnerships have also been announced with Vietnam, Indonesia, the Philippines, and Kenya to explore semiconductor supply chain coordination opportunities to develop trust, transparency, and resiliency with our allies across the globe. 
  4. The Department of Commerce announced that the Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement Relating to Supply Chain Resilience entered into force on February 24, 2024. This agreement, led by the United States, is ensuring a more resilient, efficient, productive and sustainable supply chain for semiconductors and other industries. 
  5. The Department of Commerce awarded $140 million across 17 projects in its first funding opportunity through the Public Wireless Supply Chain Innovation Fund, which will drive American wireless innovation, competition, and supply chain resilience.   

  
Investing in Innovation 

The semiconductor was invented here in the United States, and America has continued to be a leader in the research and development in semiconductors and some of the most advanced technologies. The CHIPS Act is helping advance those goals by: 

  1. Investing approximately $3 billion in the National Advanced Packaging Manufacturing Program (NAPMP) to establish and accelerate domestic capacity for semiconductor advanced packaging which will drive U.S. technological leadership in leading-edge semiconductors and underpin future innovation areas, including artificial intelligence. Over 100 concept papers were submitted for the first funding opportunity and a second funding opportunity for $1.6 billion will be announced in the fall. 
  2. Establishing Natcast, a non-profit, to operate the NSTC to enable rapid adoption of innovations that will enhance domestic competitiveness for decades to come. The Department of Commerce, together with Natcast, announced the focus of its first three CHIPS R&D research facilities: a NSTC Prototyping and National Advanced Packaging Manufacturing Program facility, an NSTC Administrative and Design facility, and an NSTC Extreme Ultraviolet EUV center – which will be complemented by affiliated technical centers.  

Issuing funding opportunities through the Department of Commerce for a first-of-its kind Manufacturing USA Institute focused on the development, validation, and use of digital twins – virtual models that mimic the structure, context, and behavior of a physical counterpart.

Biden Administration, Immigration-Migration-Refugees, News & Photo Features

Biden Administration Implements New Initiatives to Beat Opioid Epidemic; Calls on Congress to Act

President Biden has just issued a National Security Memorandum directing every federal Department and Agency to do even more to stop the flow of narcotics—including fentanyl—into our country, but in the end, it is up to Congress to act, which Republicans refuse to do because they want to use the border crisis and fentanyl issue to campaign on. Biden’s statement and a fact sheet of the new administration initiatives to beat back the opioid epidemic were provided by the White House:

“Our Administration’s efforts have helped lead to the first decline in overdose deaths in five years.  We have seized more fentanyl at our border in the last two years than in the last five years combined, arrested and prosecuted dozens of high-level drug traffickers and cartel leaders, sanctioned over 300 entities and individuals involved in the global illicit drug trade, and forged historic counternarcotics cooperation with China. Still, far too many of our fellow Americans continue to lose loved ones to fentanyl. This is a time to act. And this is a time to stand together—for all those we have lost, and for all the lives we can still save.
 
“Today, I will issue a National Security Memorandum directing every federal Department and Agency to do even more to stop the flow of narcotics—including fentanyl—into our country.
 
“This Memorandum builds on my Unity Agenda, which made ending the opioid epidemic a top priority. It will enable our government to disrupt drug cartels—and their suppliers and financiers—more quickly and effectively. It will increase intelligence collection on traffickers’ evolving tactics to smuggle narcotics into our country. And it will help our law enforcement personnel seize more deadly drugs before they reach our communities. This Memorandum will also complement our historic work to expand access to treatment, including by making naloxone—the life-saving medication that reverses the effects of opioids—widely available over the counter for the first time. 
 
“I’m calling on Congress to do their part—including passing the Biden-Harris Administration’s “Detect and Defeat” proposals. These bipartisan proposals increase penalties on drug smugglers, give border officials key tools they need to target fentanyl at our border, and close other loopholes that traffickers exploit. I also once again urge Congress to pass the bipartisan border security agreement which provides funding for more border agents and more drug detection machines. These are the key investments needed to stop fentanyl from reaching our communities.” 

FACT SHEET: Biden-⁠Harris Administration Announces New Actions to Counter the Scourge of Fentanyl and Other Synthetic Drugs

Far too many Americans have lost children, spouses, and friends to dangerous drugs like illicitly manufactured fentanyl. It is a scourge that has no geographic or political boundaries, wreaking havoc on families and communities in all parts of America. That’s why since day one, the Biden-Harris Administration has made disrupting the supply of illicit fentanyl and other synthetic drugs a core priority. As part of their Unity Agenda for the nation, President Biden and Vice President Harris have taken a number of actions to combat the opioid epidemic: 

  • Border officials have stopped more illicit fentanyl at ports of entry in the past two fiscal years than in the previous five fiscal years combined.  In just the last five months, over 442 million potentially lethal doses of fentanyl were seized at U.S. borders. The Biden-Harris Administration continues to invest in detection technology at U.S. borders, adding dozens of new inspection systems, with dozens more coming online next year. 
  • The Biden-Harris Administration has made naloxone, a life-saving opioid overdose reversal medication, widely available over the counter, and has invested over $82 billion in treatment – 40 percent more than the previous Administration. 
  • In 2021, President Biden issued an Executive Order targeting foreign persons engaged in the global illicit drug trade and has since sanctioned over 300 persons and entities under this authority, thereby cutting them off from the United States’ financial system.

 
Due to these efforts, the number of overdose deaths in the United States has started to decline for the first time in five years. But even one death is one too many. And so today, President Biden will issue a new National Security Memorandum calling on all relevant Federal Departments and Agencies to do even more to stop the supply of illicit fentanyl and other synthetic opioids in our country. President Biden and Vice President Harris also are calling on Congress to enact legislation to increase penalties on those who bring deadly drugs into our communities and to close loopholes that drug traffickers exploit.
 
The National Security Memorandum
 
The National Security Memorandum (NSM) that the President will issue calls on all relevant Federal Departments and Agencies to do even more to stop the supply of illicit fentanyl other synthetic opioids into our country.  As drug traffickers and suppliers adapt, we must do so as well.  The NSM directs even more intelligence collection, even more intensive coordination and cooperation across Departments and Agencies, and even more actions to disrupt the production and distribution of illicit fentanyl. The NSM is one more step forward in the Biden-Harris Administration’s continued focus on dramatically reducing the supply of illicit drugs and their precursor chemicals, and protecting American lives.
 
Detect and Defeat Proposal
 
Today, the Biden-Harris Administration is also encouraging Congress to take action to combat illicit fentanyl, including by passing the Administration’s “Detect and Defeat” Counter-Fentanyl Proposal.  This proposal incorporates many of the bipartisan ideas put forward by Members of Congress, and will increase the United States’ ability to detect and seize illicit drugs and hold drug traffickers accountable.  The proposal would give border officials the tools they need to more effectively track and target the millions of small-dollar shipments that cross our borders every day—closing a loophole that drug traffickers exploit.  It would establish a nation-wide pill press and tableting machine registry so that law enforcement officials can track these machines and protect against their illicit use in producing fake fentanyl pills. And it would permanently regulate fentanyl-related substances as “Schedule I” drugs—subjecting the distribution and possession of these drugs to heightened penalties. 
 
Today’s actions build on a series of additional steps the Biden-Harris Administration has taken to combat the opioid epidemic, including: 

Biden Administration, College Affordability, Education, News & Photo Features

Biden-Harris Administration Takes Next Step Toward Additional Debt Relief for Tens of Millions of Student Loan Borrowers This Fall

President Biden presses ahead with efforts to relieve millions of Americans from the burden of student loan debt © Karen Rubin/news-photos-features.com.

In a clear demonstration of the Biden Administration refusing to give up or give in, President Biden just announced next steps to cancel student debt for some 30 million Americans – despite Republicans actually going to the Supreme Court to prevent the administration from exercising its authority.

 “Today, my Administration took another major step to cancel student debt for approximately 30 million Americans,,” President Biden stated. “By providing more information to borrowers on how they can take advantage of our upcoming debt relief programs, borrowers will be prepared to benefit swiftly once the rules are final. Despite attempts led by Republican elected officials to block our efforts, we won’t stop fighting to provide relief to student loan borrowers, fix the broken student loan system, and help borrowers get out from under the burden of student debt. 
 
“Today’s announcement comes on top of the significant progress we’ve made for students and borrowers over the past three years. That includes canceling student debt for nearly 5 million Americans so far through various actions; providing the largest increases to the maximum Pell Grant in over a decade; fixing Income-Driven Repayment so borrowers get the relief they are entitled to under the law; and holding colleges accountable for taking advantage of students and families.
 
:From day one of my Administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity. I will never stop working to make higher education affordable and to make sure our Administration delivers for the American people.”

This fact sheet was provided by the White House:

Next Step Toward Additional Debt Relief for Tens of Millions of Student Loan Borrowers This Fall

Starting tomorrow, the Department will email borrowers telling them about potential debt relief and giving them the opportunity to opt out   

The Biden-Harris Administration today announced that it will begin the next step toward providing student debt relief to tens of millions of borrowers this Fall. Starting tomorrow, the U.S. Department of Education (Department) will begin emailing all borrowers with at least one outstanding federally held student loan to provide updates on potential student debt relief, and to inform them they have until August 30 to call their servicer and opt out if they do not want this relief.

The rules that would provide this relief are not yet finalized, and the email does not guarantee specific borrowers will be eligible. The Department will provide additional information to borrowers once the rules are finalized this fall. These proposed rules build upon the Administration’s existing work that has approved more than $168 billion in student loan relief for nearly 4.8 million borrowers through various actions. These rules, if finalized as proposed, would bring the total number of borrowers eligible for student debt relief to over 30 million, including borrowers who have already been approved for debt cancellation by the Biden-Harris Administration over the past three years. 

“Today, the Biden-Harris administration takes another step forward in our drive to deliver student debt relief to borrowers who’ve been failed by a broken system,” said U.S. Secretary of Education Miguel Cardona. “These latest steps will mark the next milestone in our efforts to help millions of borrowers who’ve been buried under a mountain of student loan interest, or who took on debt to pay for college programs that left them worse off financially, those who have been paying their loans for twenty or more years, and many others. The Biden-Harris Administration made a commitment to deliver student debt relief to as many borrowers as possible as quickly as possible, and today, as we near the end of a lengthy rulemaking process, we’re one step closer to keeping that promise.” 

In April, the Administration released its first set of draft rules that proposed authorizing the Secretary of Education to grant student debt relief to tens of millions of borrowers across the country, including those whose balances have grown due to runaway interest and those who entered repayment on their loans a long time ago, among others. If these rules are finalized as the Department has proposed, they would authorize the Secretary of Education to provide partial or full debt relief for the following groups of borrowers:

  • Borrowers who owe more now than they did at the start of repayment. Borrowers would be eligible for relief if they have a current balance on certain types of Federal student loans that is greater than the balance of that loan when it entered repayment due to runaway interest. The Department estimates that this debt relief would impact nearly 23 million borrowers, the majority of whom are Pell Grant recipients.
    • Borrowers who have been in repayment for decades. If a borrower with only undergraduate loans has been in repayment for more than 20 years (received on or before July 1, 2005), they would be eligible for this relief. Borrowers with at least one graduate loan who have been in repayment for more than 25 years (received on or before July 1, 2000) would also be eligible.
    • Borrowers who are otherwise eligible for loan forgiveness but have not yet applied. If a borrower hasn’t successfully enrolled in an income-driven repayment (IDR) plan but would be eligible for immediate forgiveness, they would be eligible for relief. Borrowers who would be eligible for closed school discharge or other types of forgiveness opportunities but haven’t successfully applied would also be eligible for this relief.
    • Borrowers who enrolled in low-financial value programs. If a borrower attended an institution that failed to provide sufficient financial value, or that failed one of the Department’s accountability standards for institutions, those borrowers would also be eligible for debt relief.

If finalized as proposed, these new rules would authorize relief for borrowers across the country who have struggled with the burden of student loan debt. The Department expects that all four of these proposed forms of relief would be provided to eligible borrowers without requiring any action from borrowers; no application would be needed.

If, however, borrowers prefer to opt out of this debt relief for any reason, they can do so by contacting their servicer by Aug. 30, 2024. Borrowers who opt out of this debt relief will not be able to opt back in, and they will also be temporarily opted out of forgiveness due to enrollment in an IDR plan until the Department is able to automatically assess their eligibility for that benefit in a few months. In addition, borrowers would only be eligible for the proposed relief if they have entered repayment at the time that the Department would be determining eligibility, after the proposed rules are finalized.

More information for borrowers about this debt relief is available at StudentAid.gov/debt-relief.

An unparalleled track record of borrower assistance

The Biden-Harris Administration has taken historic steps to reduce the burden of student debt and ensure that student loans are not a barrier to educational and economic opportunity for students and families. The Administration secured a $900 increase to the maximum Pell Grant—the largest increase in a decade—and finalized new rules to help protect borrowers from career programs that leave graduates with unaffordable debts or insufficient earnings. The Administration continues its work to issue debt relief regulations under the Higher Education Act, with final regulations expected this fall.

The Biden-Harris Administration has approved the following debt relief for borrowers:

  • $69.2 billion for 946,000 borrowers through fixes to Public Service Loan Forgiveness (PSLF).
    • $51 billion for more than 1 million borrowers through administrative adjustments to IDR payment counts. These adjustments have brought borrowers closer to forgiveness and addressed longstanding concerns with the misuse of forbearance by loan servicers.
    • $28.7 billion for more than 1.6 million borrowers who were cheated by their schools, saw their institutions precipitously close, or are covered by related court settlements.
    • $14.1 billion for more than 548,000 borrowers with a total and permanent disability.

$5.5 billion for 414,000 borrowers through the SAVE Plan

Biden Administration, Climate Action, Climate Change, Jobs

FACT SHEET: Biden-Harris Administration Announces Historic Rules to Create Good-Paying, High-Quality Clean Energy Jobs

Inflation Reduction Act final rules build on Administration actions to develop a skilled, well-paid workforce to build the clean energy economy and combat the climate crisis. The Biden Administration has created mechanisms and collaborations to connect those who want to work in the clean energy industry with jobs. This fact sheet was provided by the White House:

Since day one, President Biden has committed to building a clean energy economy that creates good-paying and union jobs for American workers. Spurred by President Biden’s Investing in America agenda, which includes the most significant investment in climate and clean energy in history, America has unleashed a clean energy manufacturing and deployment boom that has attracted hundreds of billions of dollars in private sector investment and created more than 270,000 new good-paying and union clean energy jobs. These investments are flowing to the places President Biden promised not to leave behind, including the historic energy communities that have powered this nation for generations and economically distressed communities, providing jobs and economic opportunity, particularly for workers without a college degree.

The Inflation Reduction Act delivered on President Biden’s commitment to be the most pro-worker, pro-union president in history, attaching strong labor protections and incentives to climate and clean energy tax credits for the first time ever. Outside analysis projects that the Inflation Reduction Act could create 1.5 million additional jobs over the next decade, and these provisions will ensure that those jobs building wind farms, installing solar panels, and constructing hydrogen and carbon capture facilities will be good-paying and support proven pathways into the clean energy industry that will allow workers to earn while they learn.

Today, the Department of the Treasury and the Internal Revenue Service announced final rules implementing the prevailing wage and registered apprenticeship increased credit provisions of the Inflation Reduction Act.

Clean energy projects that meet the requirements of these final rules will receive a fivefold increase for clean energy tax credits for deployment of wind, solar, nuclear, hydrogen, and other clean energy technologies, as well as for projects receiving allocations under the Section 48C Advanced Energy Projects credit., providing a significant incentive for project developers to pay prevailing wages to workers for construction, alteration, and repair of clean energy projects and to hire registered apprentices to earn while they learn by working on those projects.  

Secretary of the Treasury Janet Yellen and Acting Secretary of Labor Julie Su also published a blog highlighting the use of Project Labor Agreements as a best practice for large construction projects and a tool to help project developers comply with the prevailing wage and apprenticeship requirements. Project Labor Agreements, or pre-hire collective bargaining agreements that set the terms and conditions for employment on a construction project, help workers and developers alike by providing strong worker and wage protections while ensuring a reliable supply of skilled workers to help deliver projects on time and on budget.

The final rules provide certainty for clean energy developers and workers to realize the benefits of President Biden’s historic investments in the clean energy economy. To protect workers and ensure compliance with these requirements, the IRS also released a Fact Sheet that can be posted at job sites and used to educate workers about the prevailing wage and registered apprenticeship standards for clean energy projects, including information on how to use IRS Form 3949-A to report suspected violations of tax law. The IRS and Department of Labor (DOL) also announced that they are working on an MOU, to be signed by the end of the year, that will harness DOL’s extensive prevailing wage and registered apprenticeship expertise, to facilitate joint education and public outreach, develop training content for IRS examiners, and formalize a process for DOL to share with IRS, any credible tips or information about potential noncompliance with the prevailing wage and registered apprenticeship requirements.

Today’s announcement builds on efforts across the Administration to create strong pathways into good-paying and union jobs in clean energy and build a high-quality, diverse pipeline of workers prepared to build the clean energy economy of the future:

  • The Department of Labor launched an interactive map to highlight for workers, unions, and the public more than 1,000 planned clean energy projects nationwide, including the estimated number of workers at each project who stand to benefit if taxpayers satisfy the prevailing wage and apprenticeship requirements.
     
  • The Biden-Harris Administration launched a series of Investing in America Workforce Hubs, partnerships with state and local officials, employers, unions, community colleges, high schools, and other stakeholders in regions with significant investments through President Biden’s Investing in America agenda, to connect Americans to good-paying jobs in industries of the future, including Hubs focused on clean energy.
     
  • First Lady Jill Biden announced the first set of five Hubs in May 2023, fueling significant progress in building and scaling new job training opportunities, while President Biden announced four more hubs in April to build on the success of the first set.
    • The Augusta, Georgia Workforce Hub announced partnerships between employers, unions, nonprofits, philanthropy, school districts, and colleges to build workforce and skills development efforts to meet the needs of the energy, battery and battery materials, and nuclear sectors.
  • The Pittsburgh Workforce Hub announced hundreds of new job opportunities and training pathways—including registered apprenticeships—in clean energy, as well as in cyber occupations that support clean energy and other critical sectors.
     
  • Building on historic investments in electric vehicle and battery manufacturing, President Biden launched the Michigan Electric Vehicle Workforce Hub, building on significant efforts underway, to ensure that the transition to electric vehicle supports the union workers and communities that have driven the auto industry for generations.
    • Vice President Kamala Harris visited Detroit in May to announce a suite of actions to support small- and mid-sized auto manufacturers and auto workers to lead the electric vehicle future.
       
  • In the Columbus Workforce Hub, Columbus State Community College is working with partners across the state to quadruple the number of students trained for engineering technology jobs. In addition, partners are preparing at least 10,000 skilled construction trades workers, including for clean energy jobs in the area.
     
  • The Department of Energy launched the Community Workforce Readiness Accelerator for Major Projects (RAMP) initiative, a pilot initiative that places selected fellows from across the nation in target geographies in order to  convene and  catalyze effective, inclusive workforce strategies to prepare and connect local workers to good jobs on large clean energy infrastructure and supply chain projects funded the Investing in America agenda.
     
  • The Department of Energy continues to incentivize grant and loan recipients across a wide array of Investing In America programs to commit to the use of registered apprenticeships, pre-apprenticeships, project labor agreements, collective bargaining agreements, community benefits agreements, and other established tools to ensure that workers have accessible on-ramps to good-paying and union jobs in the growing clean energy economy.
     
  • The Department of Energy, in coordination with the Department of Labor and the AFL-CIO, launched the Battery Workforce Initiative, a national workforce development strategy for lithium-battery manufacturing with $5 million to support pilot training programs. Recently, the Battery Workforce Initiative announced National Guideline Standards for registered apprenticeships for battery machine operators, created in partnership with battery manufacturers, community colleges, and unions, which lay out rigorous training requirements to support the skilled battery workforce.
     
  • Last week, the National Oceanic and Atmospheric Administration announced that it would invest $60 million from President Biden’s Inflation Reduction Act to advance climate-ready workforce projects in coastal and Great Lakes states, Tribes, and territories. The Climate-Ready Workforce Initiative will fund skills training in emergency preparedness and response, floodproofing, structural elevation, water and wastewater treatment, geographic information systems, and other critical climate-ready jobs. Every awarded project supports a community identified as disadvantaged by the Climate and Economic Justice Screening Tool.
     
  • The Department of Labor announced the award of nearly $94 million in grants to support 34 public-private partnerships to provide worker-centered sector strategy training programs in 25 states and the District of Columbia to meet workforce needs created by the Biden-Harris administration’s “Investing in America” agenda. The training will support jobs in sectors including clean energy. This investment will build career pathways in manufacturing Electric Vehicles (EVs), EV batteries, and EV charging infrastructure in places like Georgia, Indiana, Ohio, Pennsylvania, and Texas. The Department of Labor also announced the availability of approximately $35 million in funding through the second round of Building Pathways to Infrastructure Jobs grants to be awarded.
     
  • The Department of Energy announced up to $24 million in high-quality training for union apprentices, incumbent workers, and students for in-demand jobs in advanced manufacturing and clean energy through the Industrial Assessment Centers (IAC) Program. The announcement is part of the IAC Program’s unprecedented expansion to include Registered Apprenticeship, union-led training, and community and technical college programs through President Biden’s Investing in America agenda. It follows DOE’s $40 million investment, announced in November, to support 17 new IACs as well as the inaugural cohort of 10 Building Training and Assessment Centers. 
     
  • The Biden-Harris Administration launched the Advanced Manufacturing Sprint, an intensive drive to build a diverse, skilled pipeline of workers for needed to fill the good advanced manufacturing jobs created by President Biden’s Investing in America Agenda, including in clean energy, biotechnology, semiconductors, and more. As part of the Sprint, the Department of Labor announced that more than 4,700 apprentices have been hired and more than 150 new programs and occupations created or under development during the course of its Advanced Manufacturing Registered Apprenticeship Accelerator Series—including in the clean energy, semiconductor, aerospace, automotive, and biotechnology sectors.
     
  • The Department of Labor launched a $20 million cooperative agreement with TradesFutures, the nonprofit organization of partner of North America’s Building Trades Unions) and the National Urban League, to enroll more than 13,000 participants in apprenticeship readiness programs, giving them hands-on learning experience and skills development, and place at least 7,000 participants into Registered Apprenticeships in the construction industry. The launch followed the Department of Labor’s announcement of nearly $200 million in grants to expand registered apprenticeships, including for clean energy jobs.
     
  • The Biden-Harris Administration launched the Infrastructure Talent Pipeline Challenge, nationwide call to action that brought together more than 350 employers, unions, education and training providers, states, local governments, Tribes, territories, philanthropic organizations, and other stakeholders to make tangible commitments that support equitable workforce development in critical sectors, including electrification.
    • As part of the Talent Pipeline Challenge, the International Brotherhood of Electrical Workers trained more than 20,000 members through the Electric Vehicle Infrastructure Training Program to meet the training requirements for the Department of Transportation National Electric Vehicle Infrastructure Program to install fast EV chargers on national corridors and in communities.
       
  • The Department of Labor has invested more than $440 million to expand, diversify, and modernize registered apprenticeships, including in high demand clean energy occupations including electricians, water treatment specialists, wind turbine maintenance technicians and other occupations. DOL has also invested in a clean energy apprenticeship industry intermediary, Interstate Renewable Energy Coalition, to increase industry awareness, connect employers and labor organizations with workforce and education partners, and provide technical assistance to launch, scale, and diversify Registered Apprenticeship programs. These investments and resources expand the capacity of the Registered Apprenticeship system, supporting the education and training needs of more than 1 million apprentices across the country, including the clean energy sector. 
     
  • The Department of Energy is working with the National Renewable Energy Laboratory on a first of its kind national Energy Workforce Needs Assessment to project employment impacts from President Biden’s Investing in America agenda and related private investments by occupation and geography, analyze current education and training capacity, and identify the most acute workforce gaps and strategies to fill them. 
     

The Department of Energy has convened a federal advisory committee called the 21st Century Energy Workforce Advisory Board to develop a strategy and recommendations on how DOE and other federal agencies should address the workforce needs, challenges, and opportunities of a rapidly changing energy system. The report is expected in early August. 

Biden Administration, Climate Action, Climate Change

Fact Sheet: Biden-Harris Administration Takes Action to Expand Access to Capital for Small- and Medium-Sized Climate Businesses

The Biden Administration is accomplishing a real transition to clean energy and a sustainable green economy through promoting investments in technology, businesses, and innovation with state and local governments and private businesses, while demanding a framework of economic and environmental justice. This fact sheet listing Biden Administration actions to expand access to capital for small and medium sized climate businesses was provided by the White House:

Through President Biden’s Investing in America agenda, the U.S. is making the largest public investment in climate action in history. The Bipartisan Infrastructure Law and Inflation Reduction Act, the largest-ever investment in climate action, introduced and expanded grants, loans, tax incentives, and other programs to accelerate clean energy deployment, invest in resilience, and seed breakthrough innovative technologies. Combined with unprecedented executive action, these investments are setting the United States on a path to achieve President Biden’s ambitious climate goals — including cutting greenhouse gas emissions in half by 2030 and reaching net zero by 2050. President Biden’s historic economic policies have spurred unprecedented levels of private investment into America’s clean energy economy. Since the start of the Biden-Harris Administration, the private sector has announced $866 billion in new investments in clean energy and manufacturing.

Creating economic opportunity for all American communities, entrepreneurs, and workers is central to President Biden’s economic and climate agenda. The Biden-Harris Administration is committed not only to catalyzing investment for climate and clean energy companies, but also to expanding access to that investment, ensuring all communities, including those historically left behind, benefit from these unprecedented resources.  

Today, National Economic Advisor Lael Brainard, National Climate Advisor Ali Zaidi, and Small Business Administrator Isabel Casillas Guzman will host a Climate Capital Convening at the White House with investors, climate technology start-ups, small business owners, and entrepreneurs to discuss opportunities to mobilize capital for climate-focused businesses across America.
 
The Biden-Harris Administration will also announce new actions and resources to expand access to climate capital:
 
Releasing the new Climate Capital Guidebook:

The Biden-Harris Administration is releasing a new Climate Capital Guidebook to provide a simple, comprehensive map of capital programs across the federal government that are available to climate-related start-ups, small- and medium-sized businesses, and their investors. While larger, institutionally-backed climate companies may have the resources to identify and access federal funding opportunities, smaller enterprises may face greater challenges in navigating these federal programs.

The Guidebook includes financing and funding programs created and expanded by the Biden-Harris Administration, including those made possible by the Bipartisan Infrastructure Law, the Inflation Reduction Act, and longstanding annual appropriations. It inventories opportunities across the entire federal government, including the Department of Energy, the Department of Agriculture, the Small Business Administration, and the Export-Import Bank of the United States. Together, these programs comprise hundreds of billions of dollars in grants, loans, loan guarantees, and other funding tools to spur the financing and deployment of new clean energy and climate projects — while simultaneously focusing on delivering cleaner air, good-paying jobs, and affordable clean energy to disadvantaged communities, energy communities, and other communities in need.  The Guidebook also indicates programs that are part of President Biden’s Justice40 Initiative, which set the goal that 40% of the overall benefits of certain federal climate, clean energy, and other investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution.


Expanding financing to support small businesses’ adoption of clean energy:

Small businesses are a critical part of achieving net zero by 2050 and should have access to capital to deploy new clean energy and climate projects.

The Small Business Administration’s 504 Loan Program provides long-term, fixed rate loans of up to $5.5 million from Small Business Administration-approved lenders to small businesses for certain energy and manufacturing projects to support capital expenditures such as real estate or equipment. Previously, this program was capped at three loans per company, allowing each company to receive a total of $16.5 million in loans backed by the Small Business Administration.  This month, the Small Business Administration is lifting its cap on the number of 504 loans that small businesses may receive for “energy public policy projects,” which include projects that reduce energy consumption such as retrofits and/or renewable energy projects such as adding solar. In lifting this cap, small businesses may now bundle multiple 504 loans to finance projects that leverage clean energy technologies to lower production costs, improve energy efficiency, and contribute to emissions reductions goals.

This change increases the total financing available to small businesses tackling climate change and investing in a clean energy future.

Today’s announcements build on prior Biden-Harris Administration actions to expand access to climate capital, including:

Expanding Financing for Clean Energy and Climate Solutions:

  • Thanks to the President’s Inflation Reduction Act, the Environmental Protection Agency is implementing the $27 billion Greenhouse Gas Reduction Fund, a first-of-a-kind national financing program to catalyze private investment in clean energy projects. The agency announced $14 billion for a National Clean Investment Fund, $6 billion for the Clean Communities Investment Accelerator, and $7 billion for the Solar for All Program. Together, these investments are creating new clean energy job opportunities and reducing pollution in low-income and disadvantaged communities, as part of President Biden’s Justice40 Initiative.
  • The Inflation Reduction Act contains new and expanded tax credits to support investment in new clean electricity generation projects, clean energy manufacturing plants, electric vehicle charging stations, and other clean energy projects. The law also contains new credit monetization provisions for direct pay and transferability, which are expanding eligibility to tax-exempt entities like cities, states, and nonprofit organizations and helping to lower the cost of financing clean energy investments.
  • Made possible by funding from the American Rescue Plan, the Department of the Treasury allocated nearly $10 billion through the State Small Business Credit Initiative to deliver funding to states, territories, and Tribal governments that spurs lending and support to small businesses. Several states are using funds from the State Small Business Credit Initiative to support climate-focused initiatives, for example: Connecticut is leveraging $89 million to launch a climate equity and venture capital program, Illinois is using $20 million to support its Climate Bank Finance Participation Loan Program, and New Jersey is committing $80 million to its Clean Energy Loans Program.
     
  • The Department of the Treasury, through the Community Development Financial Institutions Fund (CDFI Fund), is promoting access to capital in low-income communities through monetary awards and tax credits to certified CDFIs. The program recently began collecting data on climate-centered financing by CDFIs — including projects related to climate resilience, extreme weather response or preparation, emission reduction, sustainability, energy or water efficiency, and clean energy projects.
  • The Department of Defense and the Small Business Administration are jointly rolling out the Small Business Investment Company Critical Technologies Initiative to increase capital investment in technologies critical to U.S. economic and national security. The initiative provides equity, debt, and other capital investments in specified critical technology areas, including renewable energy generation and storage.

Funding Clean Energy and Climate Projects Across the Economy:

  • The Small Business Administration’s flagship 7(a) Loan Program provides small businesses access to financing for a wide variety of projects, including acquiring new real estate, working capital, refinancing, and purchasing new equipment. In August 2023, the Small Business Administration announced its Affiliation Rule and SBLC Rule. This rule included changes to how affiliation is assessed and removed “control” as a factor in determining eligibility of a borrower under current size standards. In effect, this change will enable more small businesses, especially innovative venture-backed companies, to access the credit they need to start up and grow. 
  • The Small Business Administration plans to establish a new Working Capital Pilot Program under its signature 7(a) lending program to provide lines of credit to small businesses, including clean energy and climate technology manufacturers, to support their domestic or export finance needs. The program will be paired with business counseling from the Small Business Administration.
  • The Department of Energy is accepting Round 2 applications on behalf of the Internal Revenue Service for the Qualifying Advanced Energy Project Tax Credit, funded by the Inflation Reduction Act. After $4 billion in tax credits were allocated to taxpayers in Round 1 in Spring 2024, the program will allocate an additional $6 billion in tax credits to projects in three areas: clean energy manufacturing, critical materials, and industrial decarbonization. A portion of the funds have also been set aside for projects in certain designated energy communities.
  • The Bipartisan Infrastructure Law and Inflation Reduction Act created the Clean Ports Program and the Reduction of Truck Emissions at Port Facilities Program, both of which help advance the Justice40 Initiative. Through the Clean Ports Program, the Environmental Protection Agency is awarding $3 billion to fund zero-emission port equipment and infrastructure as well as climate and air quality planning projects at ports. Through the Reduction of Truck Emissions at Port Facilities Program, the Department of Transportation is investing $400 million in port electrification and efficiency; $148 million in awards were made earlier in 2024, and companies can apply to a second funding opportunity that will go live later this year.
  • The Departments of Energy and Transportation are working together with states to build out the infrastructure for an electric mobility future while furthering the Justice40 Initiative. The National Electric Vehicle Infrastructure Formula Program is providing a total of $5 billion over five years to states to deploy electric vehicle charging infrastructure along corridors, and the Charging and Fueling Infrastructure Program is providing an additional $2.5 billion over five years to fill gaps in the national network by installing chargers in various communities. The SMART Program is granting states $500 million over five years to conduct demonstration projects focused on advanced smart community technologies and systems that improve transportation efficiency and safety. And the Communities Taking Charge Accelerator Program is providing $54 million in funding for projects that expand community e-mobility access and provide reliable clean energy, accelerating the transition to electric vehicles, including in disadvantaged communities.
  • The Department of Housing and Urban Development and the Department of Energy are collaborating with state and local partners to ensure that funding for affordable housing development can also be used to deploy clean energy technologies like heat pumps. Programs like the Green and Resilient Retrofit Program, the annual Innovative Housing Showcase, and the Buildings Upgrade Prize highlight how funds for affordable housing can simultaneously benefit clean energy and climate companies.

Building Federal Resource Hubs and Providing Technical Assistance:

  • The Small Business Administration launched its Investing in America Small Business Hub, a new digital resource to help small businesses identify and access industry-specific tax credit, rebate, contracting, and grant opportunities made possible by President Biden’s Investing in America agenda.
  • The Environmental Protection Agency published a list of Clean Energy Finance Tools and Resources to help state and local governments access financing for clean energy and climate programs. This includes a toolkit for state and local decision-makers on financing opportunities such as green banks, revolving loan funds, municipal bonds, and green bonds.
  • The Department of the Treasury launched the IRA Taxpayer Resource Hub, a one-stop-shop for information on the Inflation Reduction Act’s clean energy tax benefits. The Hub details how businesses can take advantage of clean energy tax credits to help finance new investments in clean power systems, energy efficiency upgrades, or electric vehicles.
  • The Department of Housing and Urban Development launched the Build for the Future Hub to connect users — including state and local governments, Tribal entities, private entities, and non-profits — to funding opportunities, technical assistance, and other information related to clean energy, climate resilience, energy efficiency, green workforce development, and more.
  • The National Institute of Standards and Technology’s Manufacturing Extension Partnership provides a government-to-business and business-to-business portal for supplier scouting. Public and private organizations can access this portal for business or technology connections, including in clean energy and climate-related industries. Local Manufacturing Extension Partnership Centers facilitate government, original equipment manufacturer, and small and medium-sized manufacturer matchmaking events for clean energy companies.
  • The Department of Labor offers workforce development opportunities for clean energy and climate technology companies. The Office of Apprenticeship connects employers with workforce and education partners and provides technical assistance to launch and expand Registered Apprenticeship programs. The Battery Workforce Initiative — an industry-driven, government-facilitated partnership coordinated by the Department of Energy — is accelerating the development and use of high-quality, standardized training materials in key occupations for companies and local training providers in the battery manufacturing industry.

Seeding Commercial Innovation:

  • The U.S. Economic Development Administration designated 31 communities across the United States as Regional Technology and Innovation Hubs (Tech Hubs) to drive regional innovation, private investment, and job creation to strengthen each region’s capacity to manufacture, commercialize, and deploy technology that advances national security. The hubs in Florida, Idaho/Wyoming, Louisiana, Missouri, Nevada, New York, and South Carolina/Georgia cite a growing need for clean energy technologies to build global economic competitiveness.
  • The U.S. Economic Development Administration’s Build to Scale Program makes awards to strengthen regional innovation ecosystems that equitably support diverse technology innovators, entrepreneurs, and start-ups, including in clean energy and other climate-related industries.
Biden Administration, Climate Action, Climate Change, Energy

FACT SHEET: Biden-Harris Administration Launches Federal-State Initiative to Bolster America’s Power Grid

If you want to transition from planet-killing fossil fuels that contribute to global warming and climate change to clean, renewable, sustainable energy, much more has to be done to increase the capacity and reliability of the electric grid. This fact sheet on what the Biden-Harris Administration is doing to bolster America’s power grid was provided by the White House:

Since Day One, President Biden has positioned America as a leader in the global race for a clean energy future, including by taking ambitious action to deliver a clean, reliable electric grid, which will help ensure that communities don’t lose power during extreme weather events, lower energy costs for hardworking families, and create good-paying jobs – all while tackling the climate crisis. Under the President’s leadership, the U.S. is projected to build more new electric generation capacity this year than we have in two decades – 96 percent of that clean energy. In addition, ten major transmission projects have begun construction, expected to connect nearly 20 gigawatts of new power to the grid. America is investing tens of billions to strengthen our grid to bolster resiliency, strengthen energy security, and drive innovation. And in recent weeks, the Biden-Harris Administration has taken critical steps to build out the nation’s power grid – from making the federal permitting process for new transmission lines more efficient to launching a public-private mobilization to upgrade 100,000 miles of existing lines.
 
Today, the Biden-Harris Administration is building on this momentum by launching a Federal-State Modern Grid Deployment Initiative, with commitments from 21 leading states: Arizona, California, Colorado, Connecticut, Delaware, Hawai‘i, Illinois, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Washington, and Wisconsin. Building on the Biden-Harris Administration’s legislative accomplishments and executive actions in tackling the grid modernization challenge, the initiative aims to bring together states, federal entities, and power sector stakeholders to help drive grid adaptation quickly and cost-effectively to meet the challenges and opportunities that the power sector faces in the twenty-first century.
 
Participating states have committed to prioritize efforts that support the adoption of modern grid solutions to expand grid capacity and build modern grid capabilities on both new and existing transmission and distribution lines. Historically, expanding the capacity of the U.S. power grid has typically relied on building new transmission lines with technologies that have not changed since the mid-twentieth century. Today, a new generation of modern grid technologies provides a significant opportunity to achieve power system capacity expansion, including through high-performance conductors that have the benefit of being able to carry double or more of the amount of power of conventional transmission wires, as well as Grid Enhancing Technologies that maximize electricity transmission across the existing system through a family of technologies that includes sensors, power flow control devices, and analytical tools. These solutions increase the capacity and throughput based on real-time conditions. Deploying these tools means that renewables and other clean sources of power can be integrated sooner and more cost-effectively than waiting for new transmission construction, which will address load growth challenges more rapidly, create good-paying jobs, and lower Americans’ utility bills.
 
Alongside this announcement, the U.S. Climate Alliance announced the availability of policy, technical, and analytical assistance to help participating members advance state-level efforts to carry out these commitments. In conjunction the Department of Energy is elevating the host of technical assistance programs that can support varying levels of analysis for utilities, policy makers, regulators, state energy offices, and other stakeholders. 

In particular, the 21 states signing on as inaugural members will focus on:

  • Meeting the shared challenges and opportunities of increased load growth, a rapidly changing energy landscape, aging infrastructure, and new grid-enhancing technologies – while delivering reliable, clean, and affordable energy to consumers.
    • Deploying innovative grid technologies to bolster the capacity of our electric grid and more effectively meet current and future demand, maximize benefits of new and existing transmission infrastructure, increase grid resilience to the growing impacts of climate change, and better protect consumers from variability in energy prices.

Last month, the Biden-Harris Administration announced a public-private mobilization to upgrade 100,000 miles of existing lines with these types of high-impact solutions over the next five years as part of a suite of announcements in the power sector. The Administration is advancing this goal by:

Catalyzing Nationwide Collaboration on Modern Grid Technologies: Governors, regulators, utilities, labor unions, and industry all play vital roles in determining how energy infrastructure gets built. For that reason, the Biden-Harris Administration is convening these stakeholders at the White House today to explore innovative policy solutions to unlock the deployment of modern grid technologies and share best practices. The Federal government stands ready to provide technical and financial assistance and can help provide additional forums to ensure that the best ideas from states, industry, and community stakeholders can be more readily shared.

Accelerating Permitting through New Categorical Exclusions for Reconductoring:
Previously, projects to upgrade a transmission line above 20 miles in length could trigger a detailed environmental review under the National Environmental Policy Act (NEPA).  The Department of Energy last month expanded a categorical exclusion for upgrading and rebuilding transmission lines, replacing the previous length limits. DOE also made changes to categorical exclusions for certain energy storage and solar projects on previously developed lands. With these changes, most reconductoring projects now qualify for the simplest form of environmental review, which can take years off of project development time and allow the benefits of the transmission expansion to be realized even sooner.

Funding the Deployment of Advanced Grid Technologies: President Biden’s Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) have provided the largest investment in history to strengthen the nation’s power grid, including programs that can support transmission line upgrades. For example, DOE’s Grid Deployment Office is administering $10.5 billion in competitive grant funding through the Grid Resilience and Innovation Partnerships (GRIP) Program. The first round of GRIP awards included 10 projects that will help deploy Grid Enhancing Technologies and calls for applications for the second round placed even greater emphases on these solutions. The DOE Loan Programs Office has $250 billion of loan guarantee authority to provide low-interest financing to projects that upgrade existing energy infrastructure, with program guidance that highlights reconductoring as a qualifying project example. The Department of Agriculture’s Empowering Rural America (New ERA) program provides $9.7 billion in low interest loans or grants and represents the largest investment in rural electrification since 1936, with eligibility for transmission system upgrades.

Each of these programs advances President Biden’s Justice40 Initiative which sets a goal that 40% of the overall benefits of certain Federal climate, clean energy, affordable and sustainable housing, and other investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution.

Reinforcing Administration Accomplishments on New Transmission Lines: The Biden-Harris Administration’s new goal to expand capacity of existing transmission lines will work alongside a historic set of actions to accelerate buildout of new projects. Since 2021, ten major transmission projects have begun construction, expected to connect nearly 20 gigawatts (GW) of new generation to the grid and reflecting over $22 billion in investment, including several projects on public lands that received approvals from the Department of the Interior. The Department of Energy issued a final rule to launch the Coordinated Interagency Transmission Authorization and Permits Program (CITAP), which streamlines the federal permitting process for qualifying electric transmission projects and helps set a standard two-year schedule for authorizations and permits, cutting the average timeframe in half. The Federal Energy Regulatory Commission (FERC) issued a final rule on Regional Transmission Planning and Cost Allocation, Order 1920, that adopts specific requirements addressing how transmission providers must conduct long-term planning for regional transmission facilities, consider the use of advanced conductors and Grid Enhancing Technologies, and determine how to pay for them, so needed transmission is built. 

Biden Administration, Climate Action, Climate Change

FACT SHEET: Biden-Harris Administration Announces New Principles for High-Integrity Voluntary Carbon Markets

People talk about putting a price on carbon as a key means of addressing climate change. But what would a carbon market look like? This fact sheet on the Biden Administration’s principles for high-integrity voluntary carbon markets was provided by the White House:

Since Day One, President Biden has led and delivered on the most ambitious climate agenda in history, including by securing the Inflation Reduction Act, the largest-ever climate investment, and taking executive action to cut greenhouse gas emissions across every sector of the economy. The President’s Investing in America agenda has already catalyzed more than $860 billion in business investments through smart, public incentives in industries of the future like electric vehicles (EVs), clean energy, and semiconductors. With support from the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act, these investments are creating new American jobs in manufacturing and clean energy and helping communities that have been left behind make a comeback.

The Biden-Harris Administration is committed to taking ambitious action to drive the investments needed to achieve our nation’s historic climate goals – cutting greenhouse gas emissions in half by 2030 and reaching net zero by 2050. President Biden firmly believes that these investments must create economic opportunities across America’s diverse businesses – ranging from farms in rural communities, to innovative technology companies, to historically- underserved entrepreneurs.

As part of this commitment, the Biden-Harris Administration is today releasing a Joint Statement of Policy and new Principles for Responsible Participation in Voluntary Carbon Markets (VCMs) that codify the U.S. government’s approach to advance high-integrity VCMs. The principles and statement, co-signed by Treasury Secretary Janet Yellen, Agriculture Secretary Tom Vilsack, Energy Secretary Jennifer Granholm, Senior Advisor for International Climate Policy John Podesta, National Economic Advisor Lael Brainard, and National Climate Advisor Ali Zaidi, represent the U.S. government’s commitment to advancing the responsible development of VCMs, with clear incentives and guardrails in place to ensure that this market drives ambitious and credible climate action and generates economic opportunity.

The President’s Investing in America agenda has crowded in a historic surge of private capital to take advantage of the generational investments in the Inflation Reduction Act and Bipartisan Infrastructure Law. High-integrity VCMs have the power to further crowd in private capital and reliably fund diverse organizations at home and abroad –whether climate technology companies, small businesses, farmers, or entrepreneurs –that are developing and deploying projects to reduce carbon emissions and remove carbon from the atmosphere.

However, further steps are needed to strengthen this market and enable VCMs to deliver on their potential. Observers have found evidence that several popular crediting methodologies do not reliably produce the decarbonization outcomes they claim. In too many instances, credits do not live up to the high standards necessary for market participants to transact transparently and with certainty that credit purchases will deliver verifiable decarbonization. As a result, additional action is needed to rectify challenges that have emerged, restore confidence to the market, and ensure that VCMs live up to their potential to drive climate ambition and deliver on their decarbonization promise. This includes: establishing robust standards for carbon credit supply and demand; improving market functioning; ensuring fair and equitable treatment of all participants and advancing environmental justice, including fair distribution of revenue; and instilling market confidence.

The Administration’s Principles for Responsible Participation announced today deliver on this need for action to help VCMs achieve their potential. These principles include:

  1. Carbon credits and the activities that generate them should meet credible atmospheric integrity standards and represent real decarbonization.
     
  2. Credit-generating activities should avoid environmental and social harm and should, where applicable, support co-benefits and transparent and inclusive benefits-sharing.
     
  3. Corporate buyers that use credits should prioritize measurable emissions reductions within their own value chains.
     
  4. Credit users should publicly disclose the nature of purchased and retired credits.
     
  5. Public claims by credit users should accurately reflect the climate impact of retired credits and should only rely on credits that meet high integrity standards.
     
  6. Market participants should contribute to efforts that improve market integrity.
     
  7. Policymakers and market participants should facilitate efficient market participation and seek to lower transaction costs.

The Role of High-Quality Voluntary Carbon Markets in Addressing Climate Change
 

President Biden, through his executive actions and his legislative agenda, has led and delivered on the most ambitious climate agenda in history. Today’s release of the Principles for Responsible Participation in Voluntary Carbon Markets furthers the President’s commitment to restoring America’s climate leadership at home and abroad by recognizing the role that high- quality VCMs can play in amplifying climate action alongside, not in place of, other ambitious actions underway.

High-integrity, well-functioning VCMs can accelerate decarbonization in several ways. VCMs can deliver steady, reliable revenue streams to a range of decarbonization projects, programs, and practices, including nature-based solutions and innovative climate technologies that scale up carbon removal. VCMs can also deliver important co-benefits both here at home and abroad, including supporting economic development, sustaining livelihoods of Tribal Nations, Indigenous Peoples, and local communities, and conserving land and water resources and biodiversity. Credit-generating activities should also put in place safeguards to identify and avoid potential adverse impacts and advance environmental justice.

To deliver on these benefits, VCMs must consistently deliver high-integrity carbon credits that represent real, additional, lasting, unique, and independently verified emissions reductions or removals. Put simply, stakeholders must be certain that one credit truly represents one tonne of carbon dioxide (or its equivalent) reduced or removed from the atmosphere, beyond what would have otherwise occurred.

In addition, there must be a high level of “demand integrity” in these markets. Credit buyers should support their purchases with credible, scientifically sound claims regarding their use of credits. Purchasers and users should prioritize measurable and feasible emissions reductions within their own value chains and should not prioritize credit price and quantity at the expense of quality or engage in “greenwashing” that undercuts the decarbonization impact of VCMs. The use of credits should complement, not replace, measurable within-value-chain emissions reductions.

VCMs have reached an inflection point. The Biden-Harris Administration believes that VCMs can drive significant progress toward our climate goals if action is taken to support robust markets undergirded by high-integrity supply and demand. With these high standards in place, corporate buyers and others will be able to channel significant, necessary financial resources to combat climate change through VCMs. A need has emerged for leadership to guide the development of VCMs toward high-quality and high-efficacy decarbonization actions. The Biden-Harris Administration is stepping up to meet that need.

Biden-Harris Administration Actions to Develop Voluntary Carbon Markets

These newly released principles build on existing and ongoing efforts across the Biden-Harris Administration to encourage the development of high-integrity voluntary carbon markets and to put in place the necessary incentives and guardrails for this market to reach its potential. These include:

  • Creating New Climate Opportunities for America’s Farmers and Forest Landowners. Today, The Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) published a Request for Information (RFI) in the Federal Register asking for public input relating to the protocols used in VCMs. This RFI is USDA’s next step in implementing the Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program as part of the Growing Climate Solutions Act. In February 2024, USDA announced its intent to establish the program, which will help lower barriers to market participation and enable farmers, ranchers, and private forest landowners to participate in voluntary carbon markets by helping to identify high-integrity protocols for carbon credit generation that are designed to ensure consistency, effectiveness, efficiency, and transparency. The program will connect farmers, ranchers and private landowners with resources on trusted third-party verifiers and technical assistance providers. This announcement followed a previous report by the USDA, The General Assessment of the Role of Agriculture and Forestry in the U.S. Carbon Markets, which described how voluntary carbon markets can serve as an opportunity for farmers and forest landowners to reduce emissions. In addition to USDA AMS’s work to implement the Growing Climate Solutions Act, USDA’s Forest Service recently announced $145 million in awards under President Biden’s Inflation Reduction Act to underserved and small- acreage forest landowners to address climate change, while also supporting rural economies and maintaining land ownership for future generations through participation in VCMs.
  • Conducting First-of-its-kind Credit Purchases. Today, the Department of Energy (DOE) announced the semifinalists for its $35 million Carbon Dioxide Removal Purchase Pilot Prize whereby DOE will purchase carbon removal credits directly from sellers on a competitive basis. The Prize will support technologies that remove carbon emissions directly from the atmosphere, including direct air capture with storage, biomass with carbon removal and storage, enhanced weathering and mineralization, and planned or managed carbon sinks. These prizes support technology advancement for decarbonization with a focus on incorporating environmental justice, community benefits planning and engagement, equity, and workforce development. To complement this effort, the Department of Energy also issued a notice of intent for a Voluntary Carbon Dioxide Removal Purchase Challenge, which proposes to create a public leaderboard for voluntary carbon removal purchases while helping to connect buyers and sellers.
     
  • Advancing Innovation in Carbon Dioxide Removal (CDR) Technology. Aside from direct support for voluntary carbon markets, the Biden-Harris Administration is investing in programs that will accelerate the development and deployment of critical carbon removal technologies that will help us reach net zero. For example, DOE’s Carbon Negative Shot pilot program provides $100 million in grants for small projects that demonstrate and scale solutions like biomass carbon removal and storage and small mineralization pilots, complementing other funding programs for small marine CDR and direct air capture pilots. DOE’s Regional Direct Air Capture Hubs program invests up to $3.5 billion from the Bipartisan Infrastructure Law in demonstration projects that aim to help direct air capture technology achieve commercial viability at scale while delivering community benefits. Coupled with DOE funding to advance monitoring, measurement, reporting, and verification technology and protocols and Department of the Treasury implementation of the expanded 45Q tax credit under the Inflation Reduction Act, the U.S. is making comprehensive investments in CDR that will enable more supply of high- quality carbon credits in the future.
     
  • Leading International Standards Setting. Several U.S. departments and agencies help lead the United States’ participation in international standard-setting efforts that help shape the quality of activities and credits that often find a home in VCMs. The Department of Transportation and Department of State co-lead the United States’ participation in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), a global effort to reduce aviation-related emissions. The Department of State works bilaterally and with international partners and stakeholders to recognize and promote best practice in carbon credit market standard-setting—for example, developing the G7’s Principles for High-Integrity Carbon Markets and leading the United States’ engagement on designing the Paris Agreement’s Article 6.4 Crediting Mechanism. The
    U.S. government has also supported a number of initiatives housed at the World Bank that support the development of standards for jurisdictional crediting programs, including the Forest Carbon Partnership Facility and the Initiative for Sustainable Forest Landscapes, and the United States is the first contributor to the new SCALE trust fund.
  • Supporting International Market Development. The U.S. government is engaged in a number of efforts to support the development of high-integrity VCMs in international markets, including in developing countries, and to provide technical and financial assistance to credit-generating projects and programs in those countries. The State Department helped found and continues to coordinate the U.S. government’s participation in the LEAF Coalition, the largest public-private VCM effort, which uses jurisdictional-scale approaches to help end tropical deforestation. The State Department is also a founding partner and coordinates U.S. government participation in the Energy Transition Accelerator, which is focused on sector-wide approaches to accelerate just energy transitions in developing markets. USAID also has a number of programs that offer financial aid and technical assistance to projects and programs seeking to generate carbon credits in developing markets, ensuring projects are held to the highest standards of transparency, integrity, reliability, safety, and results and that they fairly benefit Indigenous Peoples and local communities. This work includes the Acorn Carbon Fund, which mobilizes $100 million to unlock access to carbon markets and build the climate resilience of smallholder farmers, and supporting high-integrity carbon market development in a number of developing countries. In addition, the Department of the Treasury is working with international partners, bilaterally and in multilateral forums like the G20 Finance Track, to promote high-integrity VCMs globally. This includes initiating the first multilateral finance ministry discussion about the role of VCMs as part of last year’s Asia Pacific Economic Cooperation (APEC) forum.
     
  • Providing Clear Guidance to Financial Institutions Supporting the Transition to Net Zero. In September 2023, the Department of the Treasury released its Principles for Net- Zero Financing and Investment to support the development and execution of robust net- zero commitments and transition plans. Later this year, Treasury will host a dialogue on accelerating the deployment of transition finance and a forum on further improving market integrity in VCMs.
     
  • Enhancing Measuring, Monitoring, Reporting, and Verification (MMRV) The Biden-Harris Administration is also undertaking a whole-of-government effort to enhance our ability to measure and monitor greenhouse gas (GHG) emissions, a critical function underpinning the scientific integrity and atmospheric impact of credited activities. In November 2023, the Biden-Harris Administration released the first-ever National Strategy to Advance an Integrated U.S. Greenhouse Gas Measurement, Monitoring, and Information System, which seeks to enhance coordination and integration of GHG measurement, modeling, and data efforts to provide actionable GHG information. As part of implementation of the National Strategy, federal departments and agencies such as DOE, USDA, the Department of the Interior, the Department of Commerce, and the National Aeronautics and Space Administration are engaging in collaborative efforts to develop, test, and deploy technologies and other capabilities to measure, monitor, and better understand GHG emissions.
  • Advancing Market Integrity and Protecting Against Fraud and Abuse. U.S. regulatory agencies are helping to build high-integrity VCMs by promoting the integrity of these markets. For example, the Commodity Futures Trading Commission (CFTC) proposed new guidance at COP28 to outline factors that derivatives exchanges may consider when listing voluntary carbon credit derivative contracts to promote the integrity, transparency, and liquidity of these developing markets. Earlier in 2023, the CFTC issued a whistleblower alert to inform the American public of how to identify and report potential Commodity Exchange Act violations connected to fraud and manipulation in voluntary carbon credit spot markets and the related derivative markets. The CFTC also stood up a new Environmental Fraud Task Force to address fraudulent activity and bad actors in these carbon markets. Internationally, the CFTC has also promoted the integrity of the VCMs by Co-Chairing the Carbon Markets Workstream of the International Organization of Securities Commission’s Sustainable Finance Task Force, which recently published a consultation on 21 good practices for regulatory authorities to consider in structuring sound, well-functioning VCMs.
     
  • Taking a Whole-of-Government Approach to Coordinate Action. To coordinate the above actions and others across the Administration, the White House has stood up an interagency Task Force on Voluntary Carbon Markets. This group, comprising officials from across federal agencies and offices, will ensure there is a coordinated, government- wide approach to address the challenges and opportunities in this market and support the development of high-integrity VCMs.

The Biden-Harris Administration recognizes that the future of VCMs and their ability to effectively address climate change depends on a well-functioning market that links a supply of high-integrity credits to high-integrity demand from credible buyers. Today’s new statement and principles underscore a commitment to ensuring that VCMs fulfill their intended purpose to drive private capital toward innovative technological and nature-based solutions, preserve and protect natural ecosystems and lands, and support the United States and our international partners in our collective efforts to meet our ambitious climate goals.

Biden Administration, Climate Action, Climate Change, Environment, Environmental Protection

FACT SHEET: Biden-Harris Administration Releases Agency Climate Adaptation Plans, Demonstrates Leadership in Building Climate Resilience

This fact sheet on the Biden-Harris Administration’s agency climate adaptation plans to build climate resilience was provided by the White House:

Across the country, communities are experiencing the devastating impacts of climate change. From record-high average temperatures and extreme heat to changing precipitation patterns and sea-level rise, climate impacts – including disasters made worse by climate change – are affecting every corner of society and every community in America. The magnitude of challenges posed by the climate crisis was underscored last year when the nation endured a record 28 individual billion-dollar extreme weather and climate disasters that caused more than $90 billion in aggregate damage. Just this week, more than 82 million Americans have been under heat alerts due to extreme temperatures made worse by climate change. That is why President Biden is leading the most ambitious climate, conservation, and environmental justice agenda in history, which includes directing federal agencies to lead by example.

The Biden-Harris Administration released updated Climate Adaptation Plans developed by more than 20 federal agencies that expand agency efforts to ensure their facilities, employees, resources, and operations are increasingly resilient to climate change impacts like extreme weather. This work advances the Biden-Harris Administration’s National Climate Resilience Framework, which helps to align climate resilience investments across the public and private sector through common principles and opportunities for action to build a climate-resilient nation. These efforts are backed by President Biden’s Investing in America agenda, through which more than $50 billion is being delivered to advance climate adaptation and resilience across the nation, including in communities that are the most vulnerable to climate impacts.

At the beginning of his Administration, President Biden tasked agencies with leading a whole-of-government effort to address climate change through Executive Order 14008, Tackling the Climate Crisis at Home and Abroad. Federal agencies released initial Climate Adaptation Plans in 2021 and progress reports outlining advancements toward achieving their adaptation goals in 2022. With more than 300,000 buildings, four million employees, 640 million acres of public land, and $700 billion in annual purchases of goods and services, the federal government must continue to be a leader and partner in advancing adaptation and resilience.

In coordination with the White House Council on Environmental Quality (CEQ) and the Office of Management and Budget (OMB), agencies updated their Climate Adaptation Plans for 2024 to 2027 to better integrate climate risk across their mission, operations, and asset management, including:

  • Combining historical data and projections to assess exposure of assets to climate-related hazards including extreme heat and precipitation, sea level rise, flooding, and wildfire;
    • Expanding the operational focus on managing climate risk to facilities and supply chains to include federal employees and federal lands and waters;
    • Broadening the mission focus to describe mainstreaming adaptation into agency policies, programs, planning, budget formulation, and external funding;

Today, the Biden-Harris Administration is making available more than 20 updated Climate Adaptation Plans from major federal agencies. Highlights of key actions to address the effects of climate change on agency operations and mission-delivery include:

  • Building facility climate resilience. Agencies are retrofitting and upgrading federal buildings to better withstand climate hazards and provide emergency backup systems for power, water, and communications. For example, the Department of Defense’s Tyndall Air Force Base is working with local, state, and national partners to build an “Installation of the Future,” which includes using updated building codes that capture future conditions, and constructing living shorelines adjacent to the base to preserve water quality, enhance overall ecosystem health, and strengthen flood resilience. The General Services Administration (GSA) is integrating localized flood risk information into its asset management systems, asset planning processes, and site acquisition guidance for GSA-controlled, federally owned buildings.
    • Fostering a climate-ready workforce. Agencies are establishing protocols to ensure continuity of operations and safeguard federal employee wellbeing in the face of increasing exposure to climate-related hazards. The Occupational Safety and Health Administration within the Department of Labor is providing resources to help federal agencies address employee exposure to climate hazards such as extreme heat, flooding, and wildfires, with guidance on how to manage impacts and exposure to these hazards. To ensure employee safety, the Department of Energy is enhancing communication systems to alert employees to climate hazards in the workplace and, where needed, improving air filtration standards to manage health impacts of wildfire smoke.
    • Developing climate-resilient supply chains. Agencies are assessing mission-critical supply chains, diversifying their suppliers, and encouraging climate-smart sourcing to enhance resilience to climate-related disruptions. The National Aeronautics and Space Administration (NASA) is developing a toolset to analyze risks and address impacts from climate change and real-time disaster disruption on NASA’s supply chains. The U.S. Army Corps of Engineers is evaluating suppliers’ locations, infrastructure, and vulnerability to climate-related risks, including identifying critical supply chain nodes vulnerable to climate change impacts, such as ports, warehouses, and transportation routes.
    • Managing lands and waters for climate adaptation and resilience. Federal land and water management agencies are protecting, connecting, and conserving federal lands and waters to provide strongholds for species and enhance community wellbeing in a changing climate. The National Oceanic and Atmospheric Administration (NOAA) within the Department of Commerce continues to advance its Mission Iconic Reefs Initiative, a first-of-its-kind effort to restore coral reef sites and promote coastal resilience to climate impacts in the Florida Keys National Marine Sanctuary. The Department of the Interior is advancing “Keystone Initiatives” that include restoring Atlantic salt marshes to buffer coastal communities to flooding, supporting watershed restoration projects in the Klamath Basin to improve drought resilience, conducting fuels management activities in sagebrush ecosystems to manage wildfire risk.
    • Applying climate data and tools to decision-making. Agencies are using data and tools to better understand climate risks and inform decisions and investments. CEQ worked with NOAA to develop a beta screening tool that enabled agencies to overlay their buildings and employee data with climate hazard data to understand where agencies may be most exposed to climate-related hazards. Agencies are developing their own internal tools to understand site-specific climate risks to their assets and use that risk information to inform their investments. The Department of Transportation’s Climate Hazard Exposure and Resilience Tool integrates high-quality, publicly available natural hazard and climate projection data layers with vulnerability assessments from site managers to present a climate risk score for each facility or asset. The Department of Justice’s Facility Climate Hazard Assessment Tool supports components in assessing the extent to which their real property assets are exposed to current and future climate hazards, including coastal flooding, extreme heat, drought, wildfire, riverine flooding, hurricanes, and tornadoes.
    • Developing climate-informed policies and programs. Agencies are incorporating consideration of climate impacts and adaptation actions in federal policies and guidance, where relevant. For example, the U.S. Department of Agriculture’s Forest Service is updating or proposing climate-informed revisions to guidance and policies related to silviculture practices, beneficial uses of forest restoration byproducts, recreation, and designated areas planning, habitat and water resource management, and forest-level land management planning. The Department of Veterans Affairs is integrating health, demographic, and climate change information to anticipate the effects of climate change on Veterans’ health and plan for adjustments to their program delivery in the future. The Environmental Protection Agency is integrating consideration of climate risks into multiple actions as appropriate and where consistent with its statutory authorities: for example, in the development of rules, policy and guidance; permitting and environmental reviews; in monitoring, enforcement, and compliance activities; and in grant making.
    • Integrating climate resilience into external funding opportunities. Agencies are encouraging the consideration of climate impacts on federally-supported projects and advancing climate resilience through federal project delivery and grant-making, including incorporating climate-smart infrastructure practices across the Administration’s historic infrastructure investments. Department of State Bureaus have reviewed grant and foreign assistance announcements and requirements to ensure relevant grants and foreign assistance include climate risk and adaptation considerations. The Department of Housing and Urban Development is including climate change preference points in Notices of Funding Opportunities to encourage applications that invest in climate resilience, energy efficiency, and renewable energy. The Department of Homeland Security’s Federal Emergency Management Agency continues to incentivize and support climate adaptation at state and local levels via financial assistance programs such as the Hazard Mitigation Grant Program, the Flood Mitigation Assistance program, and the Building Resilient Infrastructure in Communities program.

The agencies releasing updated Climate Adaptation Plans are:

  • Army Corps of Engineers
    • Department of Agriculture
    • Department of Commerce
    • Department of Defense
    • Department of Education
    • Department of Energy
    • Department of Health and Human Services
    • Department of Homeland Security
    • Department of Housing and Urban Development
    • Department of the Interior
    • Department of Justice
    • Department of Labor
    • Department of State
    • Department of the Treasury
    • Department of Transportation
    • Department of Veterans Affairs
    • Environmental Protection Agency
    • General Services Administration
    • National Aeronautics and Space Administration
    • National Archives and Records Administration
    • National Capital Planning Commission
    • Smithsonian Institution
    • Social Security Administration
    • Tennessee Valley Authority

All plans are available at www.sustainability.gov/adaptation.

Biden Administration, Gun Violence Prevention, News & Photo Features

President Biden Addresses Everytown’s Gun Sense University: ‘You’ve helped power a movement that is turning this cause into reality…Keep it up’

Less than two hours after hearing his only surviving son, Hunter, was found guilty of 3 gun possession offenses, President Joe Biden stood steadfast to uphold policies and laws to reduce America’s gun violence epidemic and change America’s cultural idolatry with guns. © Karen Rubin/news-photos-features.com via MSNBC.

Less than two hours after hearing his only surviving son, Hunter, was found guilty of 3 gun possession offenses, President Joe Biden stood steadfast to uphold policies and laws to reduce America’s gun violence epidemic and change America’s cultural idolatry with guns. In that moment, he did two critical things befitting a president and a man of character and commitment: he upheld the rule of Law and the judicial process, saying he would respect the jury’s verdict and would not pardon his son, and vowed to continue the yeoman’s job of reversing America’s uniquely horrendous level of gun violence. (See: Biden Lauds Everytown, Moms Demand Action GunSense Activists; Points to Historic Progress But More to Do to Stem Gun Violence). –Karen Rubin/news-photos-features.com

Here is an edited transcript of his remarks:

Julvonnia, I know from experience it takes extraordinary courage for you to stand up here and retell your son’s story — and many of you who have lost someone to gun violence.  It’s been a passion of mine for a long, long time. 

It’s the reason way back, a long time ago, I authored the Violence Against Women Act, which no one thought made any sense at the time.  It had — I had a lot of trouble getting people to think we could make a difference. 

But the fact of the matter is I remember well when you first started it with me — this extraordinary courage.  You know, through your words, you help ensure that your son and all the victims of gun violence are not forgotten.  They didn’t die in vain.  Through your love, you help prevent the next tragedy.  It saves lives. 

And through your actions, you remember us — we’ll never let go of one thing that we must never, never lose.  And I mean this.  I know it’s hard because I’ve gotten those phone calls, too, saying I lost a son, a daughter, a wife.  I know what it’s like.  But guess what?  Never give up on hope — hope, hope, hope.  (Applause.)  

I give you my word.  I know what that feels — that black hole when you receive that phone call that seems like you’re — black hole in your chest — you’re being sucked into it.  Just showing up here and all the work you’ve done takes some courage because it reminds you of the mo- — moment you got that phone call.  It reminds you, no matter how long it goes, until y- — it just — it’s hard.  But you’re so — you’re ma- — you’re making such a difference.  The main reason I’m here is to say — and I mean this from the bottom of my heart –…

Folks, to Everytown and all the leaders and advocates here today, I want to thank you for the dedication to this vital issue you’ve shown.

And to all the survivors, veterans, families, moms who have turned their pain and your purpose into the loss and you’re determined to not focus on your anger but on what you can do.

Look, folks, you’ve helped power a movement that is turning this cause into reality — especially young people, who demanded our nation do better to protect us all — (applause) — who protested, who organized, who voted, who ran for office, and, yes, who marched for their lives.  (Applause.) 

From my perspective, today is about celebrating you.  You’re the reason I’m so optimistic about the future of our country, and I mean that.

In two weeks, we’ll mark the second anniversary of the Bipartisan Safer Communities Act.  (Applause.)  It’s the most significant gun legislation in nearly 30 years, and we passed it only because you gone out and vou worked like hell to get it done.  May have the idea, but you got it ma- — you made it happen. 

It was designed to reduce gun violence and save lives.  And I’m so proud of the tremendous progress we’ve made since then. 

You know, the year before I came to the presidency, the murder rate was the highest increase on record.  Last year, we saw the largest decrease of murder in the history of (inaudible).  (Applause.)  And those rates are continuing to fall faster than ever. 

Last year, we also saw one of the lowest rates of all violent crime in nearly 50 years.  Murder, rape, aggravated assault, robbery all dropped sharply, along with burglary and property crime.  (Applause.)  Becau- — this matters. 

So much of this progress is because — and I’m not just trying to be solicitous — it’s because of you.  Don’t underestimate what you have done.  It’s amazing what you have done.  You changed people’s minds — your neighbors, your friends, the folks down at the restaurant, the folks at the grocery store.

Through the American Rescue Plan, I was able to invest $15 billion, the largest investment ever to reduce crime.  And we built on that progress, with your help, the Bipa- — (applause) — through the Bipartisan Safer Communities Act. 

And here’s how.  First, the act is helping reduce community violence and domestic violence.  It invests $250 million in violence intervention programs all across the country.  (Applause.)  People are now — my daughter is a social worker working with violence against women.  What people don’t realize is these things matter.  They change attitudes. 

We’ve already funded nearly 80 programs and counting.  We also made gun trafficking and straw purchasing a federal crime for the first time, giving prosecutors the legal tools to charge traffickers and hold them accountable for the more severe penalties that are available.  (Applause.) 

Additionally, the law strengthens background checks for anyone under the age of 21 trying to purchase a firearm.  And it’s about time.  There’s more we have to do there.  It’s a big deal.  (Applause.)  Since the law was passed and implemented, the FBI has stopped more than 700 sales of firearms for individuals under the age of 21. 

And about 20,000 unlicensed firearms dealer are now required to become licensed to run background checks — (applause) — which will keep guns out of dangerous hands. 

Second, the act helps stops mass shootings, provides $750 million to state — to — to states to implement their crisis interventions like red flag laws that temporarily remove firearms from those who are in danger to themselves or others.  (Applause.)  

It also gives $1.3 billion to thousands of schools across the country to build a safer learning environments, including (applause) updating safety plans, installing security equipment, hiring mental health professionals and school resource officers — (applause) — I’m married to a full-time teacher; I get it — (applause) — as well as violence intervention teams.

Folks, look, third, the act invests over $1 billion, the largest one-time investment ever in mental health — youth mental health in our schools — (applause) — to help them deal with grief and trauma resulting in gun violence.  I’ve attended too many mass shootings — I’ve gone to too many schools across America and stood there and looked at the faces of those young children who made it and look at all the families that lost somebody.  It’s tragic.  But it needs help.  They need help to get through it.

It includes an additional 14,000 mental health professionals to be hired and trained in our schools — to work in our schools full time.  That’s 14,000 more.  And — (applause) — and over 170,000 Americans across the country have been trained to identify when someone is having a mental health crisis and connect them to the help they need.  (Applause.) 

By the way, one of the reasons I wrote the latest veterans bill was because more veterans and more active-duty personnel are dying of suicide than any combat zone.  (Applause.)  It matters. 

And, folks, this historic law is already saving lives.  But there is still so much more to do to maximize the benefits of the Bipartisan Safer Communities Act. 

That’s why, last September, I established the first-ever White House Office of Gun Violence Prevention.  (Applause.)  And I mean it.  We got first-rate professionals there and overseen by my incredible Vice President — (applause) — who is a pretty fierce prosecutor as well — to drive and coordinate government and nationwide effort to reduce gun violence in America.  That’s why we did it.  And to send a clear message about how important this issue is to me, to you, and to the entire country.

President Joe Biden was cheered on at Everytown’s Gun Sense University, where he thanked the Everytown for Gun Safety and Moms Demand Action activists for creating a movement that is changing America’s gun culture © Karen Rubin/news-photos-features.com via MSNBC.

Folks — (applause) — you’re changing the nation.  You really are.  You’re changing the nation.  It builds upon the dozen of executive actions my administration has taken to reduce gun violence — more than any of my predecessors, and I suspect more than all of them combined — everything from cracking down on ghost guns, gun trafficking, and so much more.  

Folks, we’re not stopping there.  It’s time, once again, to do what I did when I was a senator: ban assault weapons.  (Applause.)  I mean it. 

AUDIENCE:  Four more years!  Four more years!  Four more years! 

THE PRESIDENT:  Thank you. 

Who in God’s name needs a magazine which can hold 200 shells?

AUDIENCE MEMBER:  Nobody!

THE PRESIDENT:  Nobody.  That’s right….

But think about it.  They’re weapons of war. 

And, by the way, it’s time we establish universal background checks — (applause) — and require the safe storage of firearms.  We should hold — (applause) — we should hold families responsible if they don’t provide those locks on those guns…. 

And, by the way, this is the most important: The only industry in America that has immunity are gun dealers.  We got to end it — (applause) — end it now.  No, I mean it.

Imagine — imagine if we gave — if we gave tobacco an exception they could not be prosecuted.  We — what would happen?  We’d still — a thousand more people would be dying of cancer because of smoke inhalation. 

It’s time we increase funding for the Bureau of Alcohol, Tobacco, and Firearms and Explosives and other law enforcement agencies as well — (applause) — to solve the crimes faster.  

Look, unfortunately — this is the only partisan thing I’m going to say — the congressional Republicans oppose all of these — every one of these.  Instead of trying to stop our ban on ghost gun kits that can commit crimes, they’re working like hell to stop it.  They want to abolish the Bureau of Alcohol, Tobacco, and Firearms and Explosives, which is responsible for fighting gun crimes. 

You can’t be pro law enforcement and say you are pro law enforcement and be pro abolishing the AFT.  (Applause.)  You can’t do it.  It’s outrageous…

What in God’s name is the rationale for taking away the Alcohol, Tobacco, and Firearms?

After a school shooting in Iowa that killed a student and a teacher, my predecessor was asked about it.  You remember what he said.  He said, “Have to get over it.”  Hell no, we don’t have to get over it.  (Applause.)  We got to stop it.  We got to stop it and stop it now.  (Applause.)

More children are killed in America by guns than cancer and car accidents combined.  (Applause.)  My predecessor told the NRA convention recently he’s proud that, quote, “I did nothing on guns when I was president.”  And by doing nothing, he made the situation considerably worse. 

That’s why Everytown, why this summit, why all of you here today are so damn important.  We need you.  We need you to overcome the unrelenting opposition of the gun lobby, gun manufacturers, and so many politicians when they oppose commonsense gun legislation. 

When I was no longer the vice president, I became a professor at the University of — of Pennsylvania.  Before that, I taught a constitutional law class, and so I taught the Second Amendment. 

There’s never been a time that says you can own anything you want.  You couldn’t own a cannon during the Civil War.  (Laughter.).. 
And, by the way, if they want to think they — it’s to take on government if we get out of line, which they’re talking again about — well, guess what?  They need F-15s.  They don’t need a rifle.  (Laughter.)

Folks, look, this is crazy, what we’re talking about.  Because whether we’re Democrats or Republicans, we want all families to be safe.  (Applause.)  We all want to drop them off at a house of worship, a mall, a movie theater, a school without worrying if it’s the last time I’m going to get to see them.  (Applause.)  We all want our kids to have the freedom to learn how to read and write in schools instead of learning how to duck and cover, for God sake.  (Applause.) 

And above all — above all, we all agree: We are not finished.  (Applause.)  Look, no single — no single action can solve the entirety of the gun violence epidemic.  But together, our efforts, your efforts are saving lives. 

You can help rally a nation with a sense of urgency and seriousness of purpose.  You’re changing the culture.  We are proving we can do more than just thoughts and prayers — just more than thoughts and prayers.  You’re changing politics.  You’re proving that you’re powerful and you’re relentless, and I mean that.  

Let me close with this.  I know many people here have been impacted by gun violence and are tired and frustrated.  (Applause.)  No — no, I — I know.  I’ve been to too many — I’ve literally spoken with well over a thousand families at these events that I’ve attended for mass shootings.  And the look in their eyes — you can almost feel that black hole they feel in the center of their chest, like they’re being sucked in, there’s no way out.  And if they have remaining children, you look at the children and they wonder, “Mommy, Daddy, how about me?”

And I know you may wonder: Are we ever going to make full progress that we need to make?  I’m here to tell you we have no choice.  We cannot give up trying for all the lives lost and all those who still there to save.  We’re going to get there. 

I have no illusions about how difficult it may be.  But I also have no illusions about the people in this room.

You’re changing the attitude of the public — I really mean it.  I’m going back to why I got here in the first place.  That is to say thank you.

I can come up with all these ideas about the laws we can change to make it easier, but you’re changing people’s lives.  You’re convincing your neighbors and people this is necessary.  It’s beginning to move.

Look at what we’ve already done around the community.  Look at the movement you’ve built, the elected officials standing with you.  Look at all the mothers organizations across the country. 

AUDIENCE MEMBER:  Mr. President, you are making a change too!  I love you so much!  (Inaudible.)  (Laughter and applause.)

THE PRESIDENT:    (Applause.) Look —

When there’s a crisis, half of what people affected by a crisis have to know: Is anybody listening?  Do you hear me?  Do they hear what we’re saying?

Listen to the young people who are speaking out.  That’s the power of the memory of your loved ones.  That’s the power of this movement.  That’s the power of America.

We just have to keep going and keep the faith and remember who we are.  We are the United States of America, and there is nothing beyond our capacity when we act and do it together.  (Applause.) So, God bless you all.  And may God protect our troops.  (Applause.)

Thank you, thank you, thank you.  Keep it up.  (Applause.) Thank you.