June 2015 – August 2015
Invested in Clean Energy
In June 2015, the Obama Administration launched the Clean Energy Investment Initiative to expand private-sector investment in promising technologies aimed at reducing carbon pollution, including inspiring more than $4 billion in private-sector commitments and executive actions to scale up investment in clean-energy innovation.
The Administration also dedicated new federal resources for economic diversification, job creation, training, and other employment services for workers and communities impacted by layoffs at coal mines and coal-fired power plants.
Finally, President Obama committed to combating climate change to protect future generations while supporting a strong rural economy, as climate change was already affecting rural communities across the country and putting homes, businesses, and vital infrastructure at risk. In response, the U.S. Department of Agriculture announced a new investment in nearly 550 renewable energy and energy efficiency projects across the country totaling nearly $7 million in funding through its Rural Energy for America Program (REAP).