Money Report
Summary
The Biden administration is channeling hundreds of millions of dollars from recent legislation into its efforts to turn coal communities into clean energy hubs, the White House said Tuesday.
"These projects could focus on a range of technologies from microgrids to advanced nuclear to power plans with carbon capture," Energy Secretary Jennifer Granholm said on a call with reporters Monday. "They'll prove out the potential to reactivate or repurpose existing infrastructure like transmission lines and substations, and these projects could spur new economic development in these communities."
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