WASHINGTON – The Biden administration today announced a $3 billion investment to electrify U.S. port infrastructure, supporting about 40,000 American jobs and strengthening supply chains, through funding made possible by the Inflation Reduction Act.
The following is a statement from Bob Keefe, executive director of E2 and author of the recently released book “Clean Economy NOW”:
“Our ports are critical to our economy – and cleaning them up is vital to improving our environment and the air we all breathe.
“This is yet another indication of how smart climate and clean energy policies are creating jobs and driving economic growth, while also combatting pollution and climate change.”
ADDITIONAL RESOURCES
- E2: Clean Economy Works: An Economic Impact Analysis of Major Clean Energy Projects Announced Through Two Years of the Inflation Reduction Act (Oct. 2024)
- E2: 2024 Clean Jobs America – Interactive Map + Tables (Aug. 2024)
- E2: Clean Economy Works Announcement Monthly Tracking – Interactive Map + Tables
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E2 is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.