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Biden announces $600M to address impact of climate change, targets coastal concerns such as flooding

The President is slated to announce the massive funding in Palo Alto, California Monday.

Published: June 19, 2023 3:24pm

Updated: June 19, 2023 11:53pm

President Joe Biden on Monday announced more than $600 million in investments to address to impact of climate change.

Biden made the remarks in Palo Alto, Calf.

The investments reportedly include $575 million directly to coastal infrastructure for such concerns as rising sea levels, tidal flooding, hurricanes and storm surge.

In addition, $67 million is earmarked to help California's unreliable power grid to get through extreme weather events, according to a statement from the Biden administration.

The money for the projects will be drawn from the Bipartisan Infrastructure Law and the Inflation Reduction Act.

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