Note to those in the clean energy business: Joe Biden is working overtime to send you a kiss in the mail.
Biden and Co. has been making inroads since June toward using the Defense Production Act to boost production of solar, electric grid, heat pump and other technologies. On Monday that plan got some juice.
The Energy Department is releasing a formal Request for Information, asking the public how the law can best be used, according to a press release that was first shared with The Hill.
The purpose of the Defense Production Act is to give the president the authority to mobilize a certain industries in order to advance national security. Under this law, the president can prioritize contracts for certain types of products and use financial incentives to expand manufacturing capacity.
Translation: Cha-ching.
Biden has invoked the act before — he’s used it to support accelerated…
Biden puts clean energy future ahead of today’s oil needs
