Biden Administration's $20 Billion Climate Fund Faces Scrutiny Over Dubious Grants

New investigations reveal billions in taxpayer money were allocated to newly formed and unproven climate organizations under the Inflation Reduction Act.

At least $20 billion from the EPA's Greenhouse Gas Reduction Fund was distributed to climate nonprofits created just months before receiving the funds.
Recipients included Climate United Fund, Justice Climate Fund, and Power Forward Communities Inc., all established in 2023 with minimal financial or operational history.
EPA Administrator Lee Zeldin has called for an investigation into the allocation process, citing concerns over the lack of oversight and qualifications of the organizations involved.
The Justice Department and FBI have launched investigations, freezing bank accounts tied to the grants as efforts to retrieve the funds are underway.
Critics, including charity watchdogs, have questioned the decision to bypass established organizations in favor of newly formed entities with unclear accountability.