It is no longer clean energy that requires political interventions for survival.
And when American investors are drawn to opportunities, they find themselves overwhelmingly in red states like Texas.
Nearly a hundred new clean energy manufacturing facilities or factory expansions have been announced since the bill, marking more than $70 billion in new investment, according to Canary Media.
This is the rundown offered by the former director of President Biden’s National Economic Council, Brian Deese, last month:Companies have announced at least 31 new battery manufacturing projects in the United States.
In energy production, companies have announced 96 gigawatts of new clean power over the past eight months, which is more than the total investment in clean power plants from 2017 to 2021.
Persons:
Brian Deese, decarbonization
Organizations:
Bloomberg, Republicans, Democrat, Canary Media, Economic Council, Companies
Locations:
Texas, There’s, United States