Posts tagged Energy Department’s Loan Program

    Biden administration offers $12B to convert auto factories into EV plants

    September 6, 2023 // The Energy Department said that both sets of funding announced Thursday will prioritize good working conditions, including facilities that pay high wages and commit to retaining or expanding collective bargaining agreements. However, there will be no specific requirements needed to get the funding, Betony Jones, the director of the office of energy jobs confirmed. That announcement comes as labor concerns bubble up in the transition to clean energy — with the United Auto Workers union accusing industry of using the transition to cut wages and pushing the Biden administration to do more about it. In a written statement, the union praised the administration’s announcement. “We are glad to see the Biden Administration doing its part to reject the false choice between a good job and a green job. This new policy makes clear to employers that the EV transition must include strong union partnerships with the high pay and safety standards that generations of UAW members have fought for and won,” union president Shawn Fain said in a written statement.