U.S. allocates $14 billion to expand ports, shore up waterways -Breaking
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© Reuters. The port of Long Beach is displaying ships as the supply chain continues from Long Beach, California (USA) November 22, 2021. REUTERS/Mike BlakeWASHINGTON, (Reuters) – The Biden administration announced Wednesday that it would fund $14 billion to help improve America’s waterways and ports. This is in an attempt to boost climate resilience and improve water supply.
In a statement by the White House, it said that the funds will go to more than 500 projects across 52 US and territory states, which includes Florida’s Everglades, and California’s Port of Long Beach.
“These key projects will strengthen the nation’s supply chain, provide significant new economic opportunities nationwide, and bolster our defenses against climate change,” it said.
This allocation is based on President Joe Biden’s infrastructure plan. It was passed last year by Congress with bipartisan support.
The U.S. Army Corps of Engineers has spearheaded $1.1 billion in projects to conserve the Everglades, which provide drinking water for over 8 million residents of South Florida.
In addition, $1.7 Billion will be directed by the Corps to decrease inland flood risks via 15 projects. $645 Million will reduce coastal flood risks through 15 more projects in the United States, including costal Louisiana and Stockton.
The administration stated that forty percent of funding would be directed at climate and clean-energy projects in disadvantaged communities.
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