Biden touts six-fold climate funding increase under his administration: 'A defining cause of my presidency'

President Biden bragged astir achieving his extremity of delivering $11 cardinal per twelvemonth successful clime financing, which represents a six-fold summation since 2021.

Biden's comments came during a historical travel to the Amazon rainforest successful South America implicit the weekend, during which helium declared "nobody" could reverse "the cleanable vigor revolution" ongoing successful the U.S.

"The combat against clime alteration has been a defining origin of my presidency," Biden said Sunday. "It’s nary concealed that I’m leaving bureau successful January. I volition permission my successor and my state [with] a beardown instauration to physique connected if they take to bash so."

The U.S. saw a monolithic summation successful clime financing nether Biden. In 2021, taxpayers spent astir $1.5 billion, while, by Biden's last twelvemonth successful office, that fig ballooned to $11 cardinal annually. 

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President Biden signs a proclamation designating Nov. 17 arsenic International Conservation Day during a circuit of the Amazon rainforest successful Manaus, Brazil, connected Nov. 17, 2024.

Meanwhile, according to a White House information sheet, the Biden medication besides accrued "U.S. adaptation finance" six-fold, to $3 cardinal per year. This wealth is aimed astatine helping little developed countries physique resilience to the impacts of clime change.

"Folks, we don’t person to take betwixt the situation and the economy. You tin bash both," Biden said during his code from the Amazon. "The question present is: Which authorities volition basal successful the way, and which volition prehend the tremendous economical opportunity?"

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President Biden tours the Museu da Amazonia with his daughter, Ashley Biden, right, and granddaughter Natalie Biden, 3rd right, successful Manaus, Brazil, connected Nov. 17, 2024. (Saul Loeb/AFP via Getty Images)

President-elect Trump has signaled that helium would reverse galore of the clime initiatives enactment successful spot nether Biden. Much of those clime investments stem from enforcement rulemaking nether Biden, arsenic good arsenic his administration's transition of 3 large bills that worked to code clime change: the CHIPS Act, the Bipartisan Infrastructure Law and the Inflation Reduction Act.  

Meanwhile, Trump has referred to clime alteration arsenic a "hoax" and derided the Biden administration's absorption connected clime backing arsenic "the greenish caller scam."

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The aboriginal president has signaled helium would repeal galore of the green vigor initiatives implanted wrong Biden's Inflation Reduction Act, portion besides indicating during his run for the presidency that helium was "not thrilled" astir immoderate of the large spending successful Biden's CHIPS Act, which besides serves to code clime change.

However, portion Trump volition beryllium capable to power immoderate alteration erstwhile it comes to the government's clime investments, efforts to claw backmost unspent funds from these large bills volition yet necessitate support from Congress.

President Biden meets with President-elect Trump successful the Oval Office of the White House connected Nov. 13, 2024. (Saul Loeb/AFP via Getty Images)

Trump nominated the CEO of a Denver-based fracking corporation, Chris Wright, to pb his Energy Department implicit the weekend. If confirmed, Wright volition beryllium astatine the helm of immoderate efforts to claw backmost clime backing allocated nether Biden. 

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"My dedication to bettering quality lives remains steadfast, with a absorption connected making American vigor much affordable, reliable, and secure," Wright said connected X, formerly Twitter, pursuing quality of his nomination. "Energy is the lifeblood that makes everything successful beingness possible. Energy matters. I americium looking guardant to getting to work."