The United States government, under the leadership of President Biden, has re-purposed the Defense Production Act to allocate additional funding towards the enhancement of green technologies.

This move, in alliance with the Inflation Reduction Act (IRA), is projected to release $169 million through the Department of Energy (DOE) to fund nine distinct projects focused on manufacturing heat pumps, as declared by the DOE.

Traditionally, the Defense Production Act has been relied upon during times of national challenges such as war or major crises.

Emphasizing the looming threat that climate change poses, the Biden administration has called upon this statute, reflecting their dedication to tackling this global crisis. As such, a considerable investment is being funneled into the manufacture of clean technologies to fortify our energy security, using the power awarded by the Defense Production Act.

This initiative represents the latest step of President Biden’s Investments in America agenda and seeks to shape a true 'American model' of innovation. It is envisaged this will reduce energy costs for everyday American families, whilst combatting the urgent climate crisis. An important marker of progress, it manifests as a triple win for everyone involved – the economy, the American workforce, and most crucially, our planet’s health.

The United States government, under the leadership of President Biden, has re-purposed the Defense Production Act to allocate additional funding towards the enhancement of green technologies.
This move, in alliance with the Inflation Reduction Act (IRA), is projected to release $169 million through the Department of Energy (DOE) to fund nine distinct projects focused on manufacturing heat pumps, as declared by the DOE.
Traditionally, the Defense Production Act has been relied upon during times of national challenges such as war or major crises.
Emphasizing the looming threat that climate change poses, the Biden administration has called upon this statute, reflecting their dedication to tackling this global crisis. As such, a considerable investment is being funneled into the manufacture of clean technologies to fortify our energy security, using the power awarded by the Defense Production Act.
This initiative represents the latest step of President Biden’s Investments in America agenda and seeks to shape a true 'American model' of innovation. It is envisaged this will reduce energy costs for everyday American families, whilst combatting the urgent climate crisis. An important marker of progress, it manifests as a triple win for everyone involved – the economy, the American workforce, and most crucially, our planet’s health.

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