Tag Archives: Investing in America Agenda

FACT SHEET: White House Launches Invest.gov, Highlights Record Public and Private Investment in Communities Under President Biden’s Investing in America Agenda

Today, the White House launched Invest.gov, a new website showing the historic public and private sector investments President Biden’s Investing in America agenda is bringing to states and territories across America. Invest.gov features an interactive map showing infrastructure projects underway that are funded by President Biden’s Bipartisan Infrastructure Law as well as private sector investments mobilized by President Biden’s agenda, including the Inflation Reduction Act, the CHIPS and Science Act, the Bipartisan Infrastructure Law, and the American Rescue Plan.

President Biden’s Investing in America agenda is rebuilding the economy from the middle-out and bottom-up, not top-down. As a result of historic legislation passed by President Biden – including the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act – President Biden has overseen the strongest jobs recovery in history, is rebuilding our nation’s infrastructure, and is bringing manufacturing back to the United States. Since President Biden took office, private companies have announced over $470 billion in private sector manufacturing investments, and over the last 18 months, the Administration has awarded over $220 billion in funding from the Bipartisan Infrastructure Law aimed at repairing roads and bridges, delivering clean water, deploying high-speed internet, and building out clean energy transportation infrastructure. Invest.gov enables Americans in every state and territory across the country to see these investments in their communities.

The website also includes summaries of the impact of President Biden’s Investing in America agenda in each state and territory, including jobs created, new businesses started, spotlight infrastructure projects funded, and manufacturing investments made under the Biden presidency. The website will be updated regularly to reflect recent investments, projects, and announcements.

State spotlight:







To highlight the impact of President Biden’s Investing in America agenda, members of the Administration will be fanning out across the country later this month for a second installment of the Investing in America tour. The tour will coincide with the two-week Congressional recess around the July 4th holiday.

Visit Invest.gov to learn more about the Investing in America agenda and projects in every community across the country.

FACT SHEET: Biden Administration Continues to Advance American Offshore Wind Opportunities

Two years of progress to catalyze a new clean energy industry, deliver for workers and communities, and protect biodiversity and ocean co-use. The White House provided this fact sheet:
 

Two years ago today, President Biden set a goal of deploying 30 gigawatts of offshore wind electricity generation by 2030—enough to power more than 10 million American homes with clean energy, while creating good-paying jobs in the United States across manufacturing, shipbuilding, port operations, construction, and other sectors. Since then, the Biden-Harris Administration’s transformative actions have jumpstarted the offshore wind industry across the country.
 
Today at the International Offshore Wind Partnering Forum in Baltimore, White House National Climate Advisor Ali Zaidi outlined ten ways the Administration is making progress toward the 2030 goal, and is on a path to 110 gigawatts by 2050. Building on two years of decisive action, today the Administration is making new announcements on offshore wind cost reduction pathways, innovation strategies, and more. Last year alone, American offshore wind investments tripled, with an additional $10 billion that spans across the nation—from factories in the heartland to coastal communities along the Atlantic, Pacific, and Gulf of Mexico. Through the President’s Investing in America agenda, more progress is ahead in the development of stronger supply chains, upgraded infrastructure, and a growing clean energy economy.    

In addition to expanding economic opportunities for American workers and communities, offshore wind deployment will strengthen the nation’s energy security, make the power grid more reliable while lowering costs, and reduce dangerous climate pollution. The Biden-Harris Administration is committed to delivering these benefits by advancing offshore wind development responsibly, in partnership with states, Tribes, coastal communities, and a wide range of stakeholders, with data-driven decisions to protect marine ecosystems and promote ocean co-use.
 
The Administration is supporting offshore wind through actions across the Departments of the Interior, Energy, Commerce, Transportation, and other federal agencies, including these ten key ways:

  1. Wind Energy Areas off Every Coast: The Department of the Interior (DOI) released a first-ever offshore wind leasing strategy, which includes holding up to seven offshore wind lease sales by 2025. This strategy provides two crucial ingredients for success: more certainty for industry, and transparency for stakeholders and ocean users. As part of this strategy, DOI’s Bureau of Ocean Energy Management (BOEM) held historic offshore wind lease sales in the New York BightCarolina Long Bay, and northern and central California. In support of potential lease sales in the Gulf of Mexico, Central Atlantic, Gulf of Maine, and offshore Oregon, BOEM is partnering with the National Oceanic and Atmospheric Administration (NOAA) on advanced spatial modeling to identify sites with the fewest conflicts and environmental impacts. President Biden’s Inflation Reduction Act provides opportunities for offshore wind lease sales off the coasts of Florida, Georgia, South Carolina, North Carolina, and the U.S. Territories.
     
  2. Investing in Workers and Communities: To advance renewable development of the outer continental shelf, DOI has introduced innovative provisions to support workforce training and union-built projects, domestic supply chain development, and community benefit agreements—including with Tribes and stakeholder groups. The Department of Energy (DOE) has charted a path to grow and train an American workforce to fill tens of thousands of jobs across the offshore wind industry. Efforts to help more communities share in offshore wind opportunities include Department of Commerce economic development grants; BOEM collaborations to deliver benefits to disadvantaged communities; and DOE funding for social science and capacity building to help communities more effectively participate in and capture benefits from offshore wind energy development.
     
  3. Made in America Supply Chains: The Administration is working to swiftly implement the Inflation Reduction Act’s historic suite of clean energy tax credits, including a manufacturing tax credit to support U.S. production of offshore wind components such as blades, nacelles, towers, and foundations. To support specialized shipbuilding, the Department of Transportation’s Maritime Administration (MARAD) designated offshore wind vessels as the first category to receive priority for review through the Federal Ship Financing Program. DOE is providing a range of financial support to the offshore wind supply chain, including through the Loan Programs Office and the Advanced Materials and Manufacturing Technologies Office, and working with industry and state partners to fill key gaps identified by the U.S. Offshore Wind Supply Chain Roadmap.
     
  4. Responsible and Efficient Permitting: DOI approved the nation’s first large-scale offshore wind projects, Vineyard Wind and South Fork Wind, both now under construction and being built by union labor. DOI and BOEM are on track to complete reviews of at least 16 project plans by 2025, representing more than 27 gigawatts (GW) of clean energy, and has proposed reforms to modernize this process and save $1 billion over 20 years. NOAA has advanced a range of environmental reviews, regulatory authorizations, and consultations to ensure protection of coastal and marine resources. Offshore wind is also a focus of the Administration’s Permitting Action Plan, bringing together federal agencies, White House offices, and the Federal Permitting Improvement Steering Council to promote efficient reviews guided by the best available science and Indigenous Knowledge.
     
  5. Transmission Planning and Buildout: To support the infrastructure needed to connect projects to the grid, DOE and BOEM have developed draft recommendations for an action plan on Atlantic offshore wind transmission, following a series of stakeholder convenings. A full action plan will follow, informed by the Administration’s Atlantic Offshore Wind Transmission Study. Similar efforts are underway along the Pacific, with DOE using Inflation Reduction Act funds for a West Coast Offshore Wind Transmission Study. Both the Bipartisan Infrastructure Law and Inflation Reduction Act provide funding for grid upgrades that can support the offshore wind industry.
     
  6. Port Infrastructure Upgrades: With additional support from the Bipartisan Infrastructure Law, MARAD awarded grants last year through the Port Infrastructure Development Program (PIDP) that included nearly $100 million for port projects that will advance offshore wind deployment—from staging and assembly facilities for turbine components to docks for specialized vessels. For Fiscal Year 2023, more than $660 million in PIDP funding is available for port-related infrastructure projects, which can include support for a range of clean energy opportunities. DOE and the National Renewable Energy Laboratory are advancing a West Coast Ports Strategy to support strategic planning for a collaborative port network to support installation, operation, and maintenance activities.  
     
  7. Floating Offshore Wind Targets: Deep-water areas that require floating platforms are home to two-thirds of America’s offshore wind energy potential, including along the West Coast and in the Gulf of Maine. To seize these opportunities, DOE launched the Floating Offshore Wind Shot aiming to reduce costs by more than 70% by 2035. DOE, DOI, and the Departments of Commerce and Transportation hosted an inaugural summit convening federal, state, Tribal, labor, industry, and community leaders to advance U.S. leadership, and DOE is advancing foundational science and prize competitions to accelerate breakthroughs. DOI set a goal to deploy 15 GW of floating offshore wind capacity by 2035—enough to power over five million American homes.
     
  8. Federal-State Offshore Wind Implementation Partnership: President Biden brought together eleven East Coast governors to launch the Federal-State Offshore Wind Implementation Partnership, with states working alongside the Administration to maximize the benefits of offshore wind development for workers and communities. With offshore wind leasing advancing beyond the Atlantic, both California and Louisiana joined the Partnership to collaborate with federal agencies and other states on priorities including building an American supply chain and skilled workforce for offshore wind.
     
  9. Innovation and Research: DOE, in partnership with other agencies, is supporting next-generation offshore wind technologies (including for advanced turbine manufacturing and project operations and maintenance), advancing innovative approaches to environmental monitoring and ocean co-use, and more. These research, development, demonstration, and deployment efforts are a key part of DOE’s new Department-wide strategy to support the Administration’s offshore wind goals, building on last year’s Offshore Wind Energy Strategies Report outlining initiatives to accelerate cost-effective, reliable U.S. offshore wind deployment.
     
  10. Cross-Cutting Efforts for Responsible Deployment: The Biden-Harris Administration is taking a holistic approach to advancing offshore wind in concert with other priorities. These cross-cutting efforts include the nation’s first Ocean Climate Action Plan, detailing offshore wind actions that are part of broader efforts to ensure a robust and sustainable ocean economy; the NOAA-BOEM draft joint strategy to protect and promote recovery of North Atlantic right whales while responsibly developing offshore wind energy; and a NOAA-BOEM joint strategy to mitigate impacts of offshore wind on NOAA Fisheries surveys in collaboration with other ocean users, including fishermen’s local ecological knowledge and Indigenous Knowledge. 

FACT SHEET: Biden Administration Announces New Private and Public Sector Investments for Affordable Electric Vehicles

President Biden’s Investing in America Agenda is unleashing a manufacturing and clean energy boom and accelerating the production of affordable electric vehicles. © Karen Rubin/news-photos-features.com

President Biden’s Investing in America Agenda is unleashing a manufacturing and clean energy boom and accelerating the production of affordable electric vehicles. The White House provided this fact sheet: 

As part of President Biden’s goal of having 50 percent of all new vehicle sales be electric by 2030, the White House is announcing the first set of public and private commitments to support America’s historic transition to electric vehicles (EV) under the EV Acceleration Challenge. These commitments are part of President Biden’s Investing in America agenda to spur domestic manufacturing, strengthen supply chains, boost U.S. competitiveness and create good-paying jobs. Because of President Biden’s leadership and historic investments, electric vehicle sales have tripled and the number of publicly available charging ports has grown by over 40 percent since he took office. There are now more than three million EVs on the road and over 132,000 public EV chargers across the country.  
 
President Biden’s Inflation Reduction Act adds and expands tax credits for purchases of new and used EVs—helping bring the benefits of clean energy to communities across the nation. The law also provides incentives to electrify heavy-duty vehicles like clean school buses, and includes support for the installation of residential, commercial, and municipal EV charging infrastructure. These incentives complement investments from the Bipartisan Infrastructure Law and other federal initiatives that are spurring the domestic manufacturing of EVs and batteries and the development of a national EV charging network that provides access to low income and disadvantaged communities.  
 
These incentives will lower the cost of EVs and EV charging infrastructure; increase consumer demand and competition; promote equity and inclusion; and accelerate the growth of the EV market. The White House announced the EV Acceleration Challenge to bring a clean, safe, affordable, and reliable transportation future to Americans even faster.
 
Today, the Federal Government, as well as a number of companies and nonprofits including Prologis, First Student, Hertz, Amazon, Google, Rewiring America, and others, are announcing new commitments to expand EV fleets, increase consumer education, and grow the availability of EV charging.  
 
Today, the Federal Government is announcing: 

  • Federal agencies have already acquired 13,000 light- and medium-duty zero emission vehicles (ZEVs) in FY23—about four times the number of ZEVs acquired in FY22. President Biden’s Federal Sustainability Plan requires federal agencies to transition the largest fleet in the world to all electric by acquiring 100 percent light-duty ZEVs annually by 2027 and acquiring 100 percent medium- and heavy-duty ZEVs annually by 2035.  
     
  • Federal agencies are committing to deploy an additional 24,000 charging stations at Federal facilities by the next fiscal year, adding to the more than 5,000 charging stations already installed at Federal facilities nationwide. 
     
  • The Department of Energy’s Alternative Fuel Data Center is planning to add two new features to its Station Locator Tool that will help consumers charge their EVs quickly, affordably and conveniently. The tool will soon offer:
    • Charging cost: The cost to charge an EV at an individual charging station.
       
    • Charging speed: The charging speed or power output at the charger port level. 

 
ACCELERATING THE EV TRANSITION 
 
The Biden-Harris Administration’s Investing in America agenda has spurred public and private sector commitments to accelerate the transition to electric vehicles. State and local governments are also leveraging federal funds to expand electrification of their vehicle fleets. These announcements build on the EV charging network expansion and manufacturing announcements highlighted by the White House in February, which will add more than 100,000 public chargers across the country. Announcements being spotlighted today fall into four categories: Consumer Education and Support, Tools and Resources, EV Fleet Expansion, and Community Charging: Commercial and Multifamily: 
 
Fleet Expansion 

  • First Student, a major supplier of school bus services, is committing to transition 30,000 fossil fuel-powered school buses to electric school buses by 2035. 
     
  • Cirba Solutions, a battery materials and management company, is committing to process end-of-life batteries and Gigafactory manufacturing scrap, creating enough battery-materials to equip 1,000,000 EVs by 2028. 
     
  • Waymo, an autonomous driving technology company, is committing to deploy the all-electric Jaguar I-PACE across all of its ride-hailing service territories this spring and retire its previous generation platform.  
     
  • Amazon is announcing it has rolled out over 3,000 electric delivery vehicles as part of its commitment to bring 100,000 electric delivery vehicles to the road by 2030.
     
  • Trane Technologies, a company focused on efficient and sustainable climate solutions for buildings, homes and transportation, is committing to transition 100 percent of its global fleet of more than 8,000 vehicles, including service vans and trucks, to all electric vehicles by 2030. 

Community Charging: Commercial and Multifamily  

  • Prologis, a major global developer and owner of logistics real estate with more than 3,400 properties in the US, is committing to make every new eligible Prologis development ready for EV charging and transition its U.S. maintenance vehicle fleet to 100 percent alternative fuel vehicles by 2030. 
     
  • Siemens is committing to install charging stations across the U.S. at its facilities and employees’ homes to support the electric conversion of its 10,000-vehicle fleet by 2030 and to set a requirement that 10% of parking spaces include EV charging stations at all new company facility construction projects. 
     
  • CALSTART, Forth, the Electrification Coalition, EVHybridNoire and peer national implementation partners are committing to launch the Charge@Work campaign and Electric Vehicle Adoption Leadership (EVAL) certification program in Fall 2023 which will engage over 50,000 employers\workplaces, representing hundreds of thousands of employees, with the end goal of catalyzing over 100,000 electric vehicle workplace charging stations. 
     
  • SWTCH, an EV charging provider, is committing to expand equitable access to EV charging in underserved communities by deploying over 20,000 EV chargers, the majority of which will serve multi-family buildings, by 2024.  
     
  • Rocky Mountain Institute is committing to launch a multi-family charging accelerator pilot in three states to scale multi-unit dwelling charging infrastructure financing and deployment nationwide in 2024. 

Consumer Education and Support 

  • Hertz is committing to substantially increase its electric vehicle rentals this year forecasting nearly two million EV rentals in 2023, approximately five times the number of EV rentals in 2022, and extending the electric vehicle experience to leisure and business travelers and rideshare drivers across the country.  
     
  • Consumer Reports is committing to delivering expert advice and unbiased information for people who are considering whether to make the shift to an electric vehicle through its new online tool called the Electric Vehicle Savings Finder. It provides detailed, up-to-date information about federal, state, and local EV purchase incentives available to consumers, specific to where they live. 
     
  • GreenLatinos, Hip Hop Caucus, Sierra Club, Clean Energy for America, Alliance of Nurses for Healthy Environments, Electric Transportation Community Development Corporation, National Religious Partnership for the Environment, Plug in America, Public Citizen, Union of Concerned Scientists, Electric Vehicle Association, League of Conservation Voters, Coltura, and the Natural Resources Defense Council are committing to launch Route Zero in April – a cross-country, relay style campaign highlighting the investments made in EV infrastructure and EV manufacturing around the country, focusing on how equitable EV deployment helps mitigate pollution harms. 
     
  • Sierra Club, Plug in America, the Electric Vehicle Association and EVHybridNoire are committing to host more than 300 events in 2023 to celebrate the shift to electric vehicles, including the opportunity to connect with EV drivers in their own communities, ask questions, and get behind the wheel to try EVs out. 
     
  • Mercedes-Benz is committing to launch “Electric Dream Days,” a new EV marketing campaign with retail events at dealerships and EV test drives in April 2023.   

Tools and Resources 

  • Rewiring America, a non-profit organization, is committing to launch an online personal electrification planner in 2023 with the initial goal of helping 100,000 homeowners and renters create roadmaps to electrify their homes and to choose electric vehicles and home chargers. 
     
  • Google is committing to provide up-to-date information about availability and coverage of tax credits across eligible passenger vehicles, through a new Search tool that incorporates federal guidance to surface eligible EV tax credits, alongside other critical information.
     
  • Plug in America, a non-profit organization, is committing to reach 250,000 consumers over the next year with PlugStar.com, its online EV information and shopping tool. 
     
  • Wells Fargo is releasing a new tool to support business leaders transitioning to electric vehicle fleets by modeling deployment that incorporates the cost of electrification, tax credits, cost savings, and environmental benefits. 
     
  • The American Public Transportation Association and the Edison Electric Institute are committing to develop and distribute a new resource for transit agencies to streamline their efforts to electrify their bus fleets.  

The EV Acceleration Challenge is accepting submissions on a rolling basis. The White House will be highlighting additional commitments soon including many more that were already submitted.
 
Organizations can submit a commitment on the EV Acceleration Challenge landing page.