Biden’s EPA issued $20 billion in green grants. Now Trump’s administration wants that money back

  • by:
  • Source: AP News
  • 02/14/2025
WASHINGTON (AP) — In a major reversal, the new head of the Environmental Protection Agency said he will try to rescind $20 billion in grants awarded by the Biden administration for climate and clean-energy projects.

In a video posted on X, Administrator Lee Zeldin said the EPA would revoke contracts for a still-emerging “green bank” that is set to fund tens of thousands of projects to fight climate change and promote environmental justice.

The program, approved under the 2022 Inflation Reduction Act, is formally known as the Greenhouse Gas Reduction Fund, but is more commonly called the green bank. Two initiatives, worth $14 billion and $6 billion respectively, are intended to offer competitive grants to nonprofits, community development banks and other groups for projects with a focus on disadvantaged communities.

Read Full Article Here
 

Follow us

Read our latest news on any of these social networks!

Get latest news delivered daily!

We will send you breaking news right to your inbox


Have a tip? Let us know!

Recent Articles

...
Supreme Court allows Mississippi to require age verification on social media like Facebook and X

The Supreme Court has refused for now to block enforcement of a Mississippi law aimed at regulating the use of social media by children

...
Florida governor says state will open ‘deportation depot’ immigration jail

Ron DeSantis announced move as judge to decide whether to close ‘Alligator Alcatraz’ facility in Everglades

...
AI used to design antibiotics that can combat drug-resistant superbugs gonorrhoea and MRSA

Antibiotics are used to kill bacteria, but some infections have become resistant to drugs. It is estimated drug-resistant bacterial infections cause nearly five million deaths per year worldwide.

...
Melania Trump makes bombshell $1 billion threat against Hunter Biden after 'inflammatory' Epstein comments

First lady Melania Trump is threatening to sue Hunter Biden for $1 billion after he made the false claim that she was introduced to President Donald Trump by serial pedophile Jeffrey Epstein.