White House Activates $20 Billion Climate Kickstarter Program

The White House on Thursday will activate a much-anticipated program meant to spur private investment in clean technology, a key plank of the administration’s climate plan that has drawn opposition from Republicans.

Vice President Kamala Harris and EPA Administrator Michael Regan will announce the awarding of $20 billion in grant funding to eight recipients under the greenhouse gas reduction fund, a green bank that was authorized in the 2022 climate law.

The funding will create a national network of clean technology lenders that will reduce or avoid ...