Overview

• The Biden administration is deploying billions in clean energy funding and approving major offshore wind projects as part of its climate agenda.
• Vice President Kamala Harris, now the Democratic nominee, pledges to continue Biden's focus on reducing emissions and expanding renewable energy.
• Recent approvals include the Maryland Offshore Wind Project, contributing to Biden's goal of 30 gigawatts of offshore wind energy by 2030.
• Energy Department announcements include over $3 billion for battery manufacturing and a $1.5 billion loan to a Michigan nuclear plant.
• Analysts warn that a potential Trump presidency could hinder the clean energy transition, reversing progress on emission reductions.