The Biden-Harris administration announced USD1.5 billion investment under President Biden’s Inflation Reduction Act to build and upgrade national laboratories and advance American leadership in science, research and innovation.
Strengthening of the national labs will increase economic growth, create good-paying, local jobs and help attract skilled workers needed to drive clean energy solutions and other technologies that will lower costs for families, make people’s lives better and address the climate crisis.
In addition, the White House announced a new report that identifies five initial priorities that will help enable the US to meet the President’s goal of cutting greenhouse gases (GHGs) by 50-52% in 2030 and get to net-zero emissions by no later than 2050. To drive innovation of these technologies, the Administration has also launched the Net-Zero Game Changers Initiative today.
Biden’s economic plan has secured transformational investments in American-made clean energy, including in wind, solar, electric vehicles, batteries and more. Investing in these American-made solutions is critical to ensuring that the US remains the world leader in clean technologies and that American workers and communities reap the historic economic opportunities and good-paying jobs that come from building a clean energy economy.
America’s investments in scientific research, including through their world-class system of national labs, is core to US economic competitiveness and enables innovation across the economy. The funding announcements will give a long overdue boost to 13 Department of Energy (DOE) national laboratories that have been at the core of major scientific discoveries and continue to be essential to advance America’s energy, economic, and national security.
The increased funding for the national laboratories under the Inflation Reduction Act will support innovative research in clean technologies, including those identified by the Game Changers Initiative. These investments will help the US meet their climate goals while bringing down energy costs for American families, advancing US energy security and creating good-paying jobs.