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$600M boost for rural America's green future

Oct 21, 2024
By Farms.com

Grants boost rural economies with clean power

 

To drive economic growth and sustainability in rural regions, the USDA under Secretary Tom Vilsack, announced a major push towards clean energy. This comes with a dual program focus through REAP and New ERA, promising to enhance the livelihoods of farmers and small business owners across 39 states, Guam, and Puerto Rico.

The administration’s commitment includes a total of $126 million in REAP grants supporting 654 clean energy projects, with Pennsylvania alone benefiting from $24 million for 112 projects. These initiatives are expected to significantly reduce annual energy costs for rural businesses, contributing to a greener and more sustainable agricultural sector.

Through these programs, rural electric cooperatives like Allegheny Electric Cooperative are set to become leaders in carbon-free power generation, with investments geared towards meeting significant portions of their energy demands through renewable sources by 2026.

The USDA has also opened applications for an additional $600 million in funding, available through 2027, ensuring continued support for rural America’s transition to clean energy. This strategic investment not only aids in combating the climate crisis but also in stabilizing rural economies by lowering energy expenses and creating durable job opportunities.

These efforts are a testament to the administration’s strategy to invest in the nation’s core economic sectors, ensuring that even the most remote communities are not left behind in the move towards a sustainable future.


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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.