💡 U.S. Pledges $23 Billion in Clean Energy Loans Across 12 States

The U.S. Department of Energy announced $22.92 billion in conditional loans to energy utilities in 12 states to modernize infrastructure and reduce emissions. Funded under the Inflation Reduction Act, the program targets pipeline upgrades and renewable energy expansion. 𝗞𝗲𝘆 𝗔𝗹𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻𝘀: - DTE Energy (MI): $8.8 billion for pipeline replacements and renewables. - Consumers Energy (MI): $5.23 billion for green projects. - PacificCorp (Western U.S.): $3.52 billion for wind energy transmission. These low-risk loans are backed by utility assets, ensuring taxpayer protection. The announcement comes days before a presidential transition, leaving the program's future uncertain.