The Biden administration is investing almost $110 million to create new jobs for coal industry workers made unemployed by the US government's new green renewable energy policies, the Energy Department said on Friday.
WASHINGTON (Pakistan Point News / Sputnik - 23rd April, 2021) The Biden administration is investing almost $110 million to create new jobs for coal industry workers made unemployed by the US government's new green renewable energy policies, the Energy Department said on Friday.
"[T]he US Department of Energy today announced $109.5 million in funding for projects that directly support job creation in communities impacted by changes in the energy economy," the department said in a statement.
The investment is a first step in the initiative launched by President Joe Biden to boost the economic potential of coal and power plant communities, the Energy Department said.
The new investment includes a $75 million funding opportunity to engineer carbon capture projects, $15 million for geothermal energy research projects at West Virginia University and Sandia National Laboratories and $19.5 million in funding awards for critical mineral extraction from coal and associated waste streams, the release said.
