Biden Invokes ‘Wartime Powers’ to Attack Gas-Powered Furnaces
In an unexpected action Friday, President Biden invoked a Cold War-era statute to inject government cash into American production of electric heat pumps, an alternative to gas-powered household furnaces.
The Department of Energy (DOE) announced a “historic” $169 million award for nine projects across 15 locations worldwide in an effort to speed electric heat pump production in a joint statement with the White House.
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