{"id":19945,"date":"2024-01-22T18:13:22","date_gmt":"2024-01-22T23:13:22","guid":{"rendered":"https:\/\/pfb.com\/?p=19945"},"modified":"2025-07-27T06:28:42","modified_gmt":"2025-07-27T06:28:42","slug":"clean-energy-and-domestic-fertilizer-projects","status":"publish","type":"post","link":"https:\/\/nustreamdesigns.xyz\/pfb\/clean-energy-and-domestic-fertilizer-projects\/","title":{"rendered":"Biden-Harris Administration Invests $207 Million in Clean Energy and Domestic Fertilizer Projects to Strengthen American Farms and Businesses as part of Investing in America Agenda"},"content":{"rendered":"\n
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Biden-Harris Administration Invests $207 Million in Clean Energy and Domestic Fertilizer Projects to Strengthen American Farms and Businesses as part of Investing in America Agenda<\/h3><\/div>\n<\/div>\n\n\n\n
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Projects Funded by President Biden\u2019s Inflation Reduction Act Will Lower Costs and Create Revenue for Rural Business Owners and Farms<\/em> <\/em><\/em><\/p>\n\n\n\n

WASHINGTON, Jan. 22, 2024 <\/strong>\u2013 U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is investing $207 million in renewable energy and domestic fertilizer projects<\/a> to lower energy bills, generate new income, create jobs, and strengthen competition for U.S. farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden\u2019s Inflation Reduction Act, the nation\u2019s largest-ever investment in combatting the climate crisis.  <\/p>\n\n\n\n

Today\u2019s announcement was made by Secretary Vilsack at the 105th<\/sup> annual American Farm Bureau Federation convention in Salt Lake City, Utah. This funding advances President Biden\u2019s Investing in America<\/em> and Bidenomics agenda to grow the nation\u2019s economy from the middle-out and bottom up, create jobs and spur economic growth in rural communities by increasing competition in agricultural markets, lowering costs and expanding clean energy.  <\/p>\n\n\n\n

\u201cPresident Biden and USDA are ensuring farmers, ranchers and small businesses are not only a part of the clean energy economy, but directly benefitting from it,\u201d Secretary Vilsack said. \u201cThe investments announced will expand access to renewable energy infrastructure and increase domestic fertilizer production, all while creating good-paying jobs and saving people money on their energy costs that they can then invest back into their businesses and communities.\u201d <\/p>\n\n\n\n

Today, the Department is awarding $207 million in 42 states for projects through the Rural Energy for America Program<\/a> (REAP) and the Fertilizer Production Expansion Program<\/a> (FPEP).  <\/p>\n\n\n\n

Today\u2019s REAP awards total $157 million for 675 projects in 42 states, including more than $94 million from President Biden\u2019s Inflation Reduction Act. The REAP program delivers on the President\u2019s Justice40 Initiative, which aims to deliver 40% of the overall benefits of certain federal investments to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution. These investments will cut energy costs for farmers and ag producers that can instead be used to create jobs and new revenue streams for people in their communities. For example: <\/p>\n\n\n\n