18th June 2015
Taking Action to Cut Carbon Pollution and Grow the Economy through the Administration’s Clean Energy Investment Initiative While Doubling Initial Goal of $2 Billion
President Obama and his Administration are committed to using every tool possible to combat climate change. While the President has taken several steps using the power of the federal government, harnessing the ingenuity of America’s entrepreneurs, innovators, and technology is a crucial part of the fight against climate change. America is leading the global transition to a low-carbon economy, and thanks to past investments, consumers are already benefitting from major advances in solar photovoltaics, wind power, advanced batteries, energy-efficient lighting, and fuel cells. In fact, the cost of solar energy systems has plummeted by over 50 percent in the past five years alone.
This is an excerpt from a fact sheet published on the official White House website, to read the full fact sheet on whitehouse.gov, click here.
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