Biden unveils largest rural energy spend since 1936, but experts have concerns

Biden unveils largest rural energy spend since 1936, but experts have concerns

The White House announced what it describes as the largest investment in rural electrification since the 1930s. President Joe Biden unveiled plans to provide more than $7.3 billion in financing to rural electric cooperatives across 23 states. These funds will support the generation of clean energy for approximately 5 million people, benefiting 20% of the nation’s rural households, farms, businesses, and schools. “This is the most significant tra…