The Biden-Harris administration’s funds for FY 2025 contains $242 million in funding allocations to the Bureau of Ocean Vitality Administration (BOEM).
“The 2025 funds empowers BOEM to meet our mission and advance the administration’s formidable local weather agenda whereas creating high-quality job alternatives, advancing financial prosperity, and reinforcing power safety,” says BOEM’s director, Elizabeth Klein. “It ensures our capability to supervise offshore power improvement responsibly, whereas prioritizing the well-being of the American individuals.”
The FY 2025 funds contains $52 million for the bureau’s renewable power program and $67.5 million for its typical power program.
The funds additionally contains $14.8 million for BOEM’s marine minerals program and $86.7 million for its environmental applications.
