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Biden administration launches ‘Earthshot’ effort to slash energy bills

The Biden administration has launched an effort called the "Affordable Home Energy Shot" to reduce the cost of home decarbonization by 50% and slash household energy costs by 20% by the end of the decade. The initiative aims to retrofit households that make below 80% of their area's median income with low-cost solutions such as heat pumps and insulated panels. The goal is part of the broader Justice40 initiative, which seeks to direct 40% of federal climate action benefits to low-income and minority communities. The effort is the final pillar in the Department of Energy's "Energy Earthshot" initiative to cut emissions by 2030.

The post Biden Administration Launches ‘Earthshot’ effort to Slash Energy Bills appeared first on Balanced News Summary.



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Biden administration launches ‘Earthshot’ effort to slash energy bills

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