EPA Cancels $20 Billion in Biden-Era Green Energy Grants
The Trump administration cites concerns over fraud, waste, and conflicts of interest in terminating climate-focused funding from the Inflation Reduction Act.
- EPA Administrator Lee Zeldin announced the termination of $20 billion in grants under the Greenhouse Gas Reduction Fund, a Biden-era initiative to finance clean energy projects.
- The decision follows allegations of programmatic fraud, waste, and conflicts of interest, with the funds previously managed through Citibank and distributed to eight nonprofits.
- Three of the affected nonprofits, including Climate United Fund, have filed lawsuits against the EPA and Citibank, claiming the termination is illegal and jeopardizes their operations.
- The EPA plans to reallocate the funds with enhanced oversight and governance, though specific redistribution plans remain unclear.
- Democratic leaders and environmental advocates argue the action undermines congressionally approved climate programs and could harm efforts to address pollution in disadvantaged communities.