The Biden administration this week enacted new rules seeking to aid companies involved in clean energy, as the White House argued the investments will help communities tied to the energy sector that predate the green movement. The rules establish guidelines for subsidies that companies can qualify for under the Inflation Reduction Act, so long as they pay prevailing wages, among other stipulations.
The final rules provide certainty for clean energy developers and workers to realize the benefits of President Biden’s historic investments in the clean energy economy,' the statement continued.
Meanwhile, a fossil fuel trade group leader told Fox News Digital the administration should not pick sides when supporting U.S. energy jobs.
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