Biden Administration Requires Diversity Pledge from Companies Seeking Decarbonization Funds

On Wednesday, the Biden Administration’s Department of Energy (DOE) announced a new plan for a $6.3 billion decarbonization fund that will only be available to companies that first submit a pledge to “diversity.”

According to the Daily Caller, companies can only apply for funding from the Industrial Demonstrations Program (IDP) after they submit a “Community Benefits Plan.” The plan must outline each individual company’s dedication to four policy goals of the administration: Diversity, equity, and inclusion (DEI); investment in America’s workforce; engaging communities and labor; and implementing aspects of a plan called “Justice 40,” which pledges to spend at least 40 percent of federal spending projects focusing on minority communities that are allegedly disproportionately impacted by “pollution.”

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