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Biden seeks to cement legacy on climate change in remaining months as president

President Joe Biden announced billions in funding for several climate-related initiatives just weeks before the 2024 presidential election.


Biden seeks to cement legacy on climate change in remaining months as president
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President Joe Biden is seeking to cement his climate legacy by allocating billions of dollars for energy and environment-related projects in the remaining months of his presidency.

Biden ramped up his administration's energy-related spending in October, announcing several new initiatives after former President Donald Trump said on the campaign trail that if elected, he would "rescind all unspent funds under the misnamed Inflation Reduction Act," which could directly impact Biden's climate projects.

On Thursday, the Department of the Interior approved the Fervo Cape Geothermal Power Project in Beaver County, Utah, which seeks to expand geothermal energy on public lands.

The Energy Department also announced nearly $2 billion in funding for 38 power grid projects for clean energy, and on Tuesday, the administration allocated $428 million for 14 clean energy manufacturing projects in former coal communities.

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In early October, the Biden-Harris administration issued a final rule to replace every lead pipe in the U.S. within 10 years as part of Lead and Copper Rule Improvements (LCRI). In addition to the rule, the EPA also announced $2.6 billion in new funding for drinking water infrastructure through the Bipartisan Infrastructure Law.

September also saw several new projects launched as part of the final push for the administration's climate agenda.

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At the annual GBTA WINiT Gala, hosted by the GBTA Foundation, the philanthropic branch of the Global Business Travel Association, industry leaders gathered to honor the exceptional achievements of women in the sector. The evening saw Karly Ash, FCM Travel’s Head of Global Account Management, receiving the ‘Top Female Mentor’ award, a testament to her pivotal role in guiding and uplifting emerging female professionals within the business travel arena.

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