If the Inflation Reduction Act passes, the U.S. will finally get a federal green bank
If the legislation does manage to pass Democratic muster, the green bank is slated to be funded with $27 billion to provide financing so lower-income households can acquire efficient heat pumps, rooftop and community solar, and electric cars. States, tribes, municipalities can apply for grants for clean energy purposes. Of the total, $8 billion would be specifically designated for investment in disadvantaged communities. If the IRA legislation does emerge from Congress intact for Biden's signature, the United […]