President Biden on Monday invoked the Defense Production Act in an effort to spur the manufacturing of solar panels and other clean energy equipment.
and other clean energy equipment, using the wartime-era tool intended for the national defense to advance his clean energy agenda.
The president is using the DPA to attempt to boost the production of things like insulation, heat pumps, transformers and electric power grid components. He's also suspending tariffs on solar panels for two years from Cambodia, Malaysia, Thailand and Vietnam — but not China.
The Department of Energy says exercising the DPA authority will let the federal government invest in companies with the capacity for producing clean energy and installing clean energy capabilities for consumers. Some Democrats praised the president's moves, including Sen. Ed Markey, chairman of the Senate Environment and Public Works Subcommittee on Clean Air, Climate, and Nuclear Safety.
"President Biden's decision to invoke the Defense Production Act to bolster the clean energy industry will make our country safer and more resilient for years to come," Markey said.
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