US companies are on the cusp of big climate solutions. Thank the government.

The Department of Energy's funding program, also known as the Advanced Technology Vehicles and Energy Storage program, has been instrumental in driving innovation in climate solutions. By providing significant funding to companies, the program has enabled them to develop and commercialize new technologies that can significantly reduce greenhouse gas emissions. This is a crucial step towards achieving the US's climate goals and transitioning to a low-carbon economy.

The success of this program is particularly noteworthy given the current political climate. Despite the Trump administration's skepticism towards climate change and clean energy, it appears that the president is inclined to continue supporting the program. This is likely due to the economic benefits of investing in clean energy, such as job creation and competitiveness in the global market. As the clean energy sector continues to grow, it's likely that we'll see even more innovative solutions emerge.

What's next to watch is how the program's success will influence future climate policy. If the program continues to drive down costs and increase the adoption of clean energy technologies, it could build momentum for more ambitious climate policies. Additionally, the private sector's response to the program's success will be crucial - will companies continue to invest in clean energy and climate solutions, and how will they scale up their efforts? The intersection of government support and private sector innovation will be an important area to monitor in the coming months and years.

Originally reported by grist.org. ClimateNews adds analysis for climate & energy readers.