President Biden signed an unprecedented massive climate spending bill into law this week, covering climate, health care, and taxes. Numerous United States agencies, including the National Oceanic and Atmospheric Administration (NOAA) and the Department of Energy (DOE), will receive some of the $369 billion in climate investments over the next decade.

The sweeping climate bill funds will be invested in energy and climate reform. It has made history as the single largest federal clean energy investment in the United States history.

“This bill is the biggest step forward on climate ever — ever — and is going to allow us to boldly take additional steps toward meeting my climate goals,” Biden said.

$60 billion will go towards boosting projects like solar panels and wind turbines, tax credits for electric vehicles, and measures to make homes more energy efficient.

The bill will help American families keep their emissions down while also saving money. Tax incentives will help lower energy bills for homes. Families can receive tax credits for purchasing electric vehicles, saving on solar installation, switching to electric appliances, and more.

Through the bill, the EPA will be able to clean air pollution around schools and ports. As the droughts continue to get worse, the bill will also give a significant amount of funding to combat these dry periods.

There will also be a major investment in renewable energy infrastructure with $260 billion available in clean energy tax credits. They believe that this could reduce emissions from electricity by 80 percent. $80 billion will be available through electric vehicle rebates. Billions will also be given to create clean energy technology, as well as incentives to reduce methane.

Although this bill is a huge step and something to celebrate, it does not cover all of what climate activists were hoping for. Democrats say that the bill will lower greenhouse gas emissions by 40 percent, based on the 2005 levels, by the end of the decade, NPR reported.

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