White House says to ‘expect more’ climate funding before President Biden leaves office

The Biden administration is trying to quickly disperse climate funds to cement the president’s green energy agenda before President-elect Donald Trump takes over the Oval Office in January.

In a note published by the White HouseJeff Zients, the White House chief of staff, said the administration will “sprint to the finish line and do as much as possible for the American people” in the remaining weeks of President Joe Biden’s term.

Biden’s top official said they plan to “obligate as much funding as possible before the end of the term,” including doling out unspent funds from the Inflation Reduction Act (IRA) to support projects related to the weather

The White House also said Americans can “expect further action” on IRA funding, the Democrats’ climate legislation.

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President Joe Biden delivers remarks on the latest developments in Syria from the Roosevelt Room of the White House on December 8, 2024 in Washington, DC (Pete Marovich)

Trump has suggested he would “dismantle” the IRA when he becomes president, legislation he has described as “the biggest scam in history”.

Although some House Republicanswho held the House majority in the upcoming Congress, has also voiced support for reworking the climate bill, House Speaker Mike Johnson, R-La., told CNBC that “you have to use a scalpel and not a hammer”. on the legislation.

However, it is unlikely that the IRA will be fully repealed, given that almost all of the funds have already been awarded.

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White House spokesman Andrew Bates warned that Republicans and the incoming administration would try to undo Biden’s agenda.

President-elect Donald Trump will assume the presidency on January 20, 2025. (Peter Kramer/NBC)

“Repealing President Biden’s signature laws would be a historic redistribution of wealth to Americans who work for big pharma and China,” Bates said in a memo first obtained by NBC News, adding that, despite a potential setback, projects under the IRA “have been blocked”. .”

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Bates also suggested that Republican districts benefit from the IRA.

“This includes the creation of more than 330,000 clean energy jobs, disproportionately in House districts represented by Republicans,” Bates wrote. “Because of the Inflation Reduction Act, we’ve already saved more than 3.4 million Americans $8.4 billion in clean energy upgrades to their homes, and more than 300,000 Americans have saved more than $2 billion up front on (electric vehicle) purchases.”