The Biden administration’s ambitious goal of achieving a 50-52% reduction of economy-wide carbon emissions by 2030 and its substantial investments in clean energy projects have stimulated more than $110 billion in clean energy private investment, according to the White House.
The benefits of these projects are far-ranging and have bolstered the overall strength of the U.S. supply chain. According to the Business Network for Offshore Wind, the emerging domestic offshore wind supply chain can boast nearly 20 manufacturing facilities and 10 shipyards.
