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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.
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