NEWS RELEASE

Biden-Harris Administration Invests in Clean Energy and Fertilizer Production to Strengthen American Farms and Businesses as Part of Investing in America Agenda

Projects Funded by President Biden’s Inflation Reduction Act Will Lower Energy Costs and Create Revenue for Rural Business Owners and Farms

OMAHA, Neb., March 28, 2024 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is investing $124 million in renewable energy and fertilizer production projects in 44 states to lower energy costs, generate new income and create jobs for U.S. farmers, ranchers, agricultural producers and rural small businesses.

The Secretary made the announcement during a visit to University of Nebraska Omaha, where he discussed USDA’s efforts under the Biden-Harris Administration to invest in rural communities nationwide. Most of the projects announced today are being funded by President Biden’s Inflation Reduction Act, the nation’s largest-ever investment in combating the climate crisis, through the Rural Energy for America Program. An additional project is funded by the Fertilizer Production Expansion Program. In total, this funding advances the President’s Investing in America agenda to grow the nation’s economy from the middle out and bottom up by increasing competition in agricultural markets, lowering costs and expanding clean energy.

“Under the Biden-Harris Administration, USDA is committed to ensuring farmers, ranchers and small businesses are directly benefitting from both a clean energy economy and a strong U.S. supply chain,” Secretary Vilsack said. “The investments announced today will expand access to renewable energy systems and domestic fertilizer, all while creating good-paying jobs and saving people money that they can then invest back into their businesses and communities.”

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