Electric bus maker Proterra once touted by Biden files for bankruptcy
Energy Secretary Jennifer Granholm served on
’s board of directors, and after conflict of interest criticisms once assuming her government role, sold her $1.6 million worth of shares in May 2021.appointed Mr. Joyce to a national advisory committee on international trade called the President’s Export Council. The company’s bankruptcy comes despite billions in funding and tax credits for electric buses through the Bipartisan Infrastructure Law and PresidentMr. Biden still struck an upbeat tone Tuesday on his administration’s efforts to reduce emissions, which largely depends on remaking the transportation sector that is America’s second-largest source of emissions.
“All these historic measures put us on track to cut all American emissions in half — in half — by 2030, and we’re well on our way,” the president said during remarks in Arizona while unveiling a new national monument to protect the land from uranium mining. “There’s a lot of good that’s going to come from the sacrifices of dealing with taking on the climate crisis.
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