Climate Change Policy

EPA Terminates $20 Billion in Biden-Era Climate Grants

The EPA terminated $20 billion in grant agreements for a clean energy program known as the “green bank,” citing concerns about conflicts of interest, potential fraud, and lack of government oversight. This decision follows a funding freeze and lawsuits filed by three recipient nonprofits challenging the EPA’s actions. The EPA administrator characterized the program as a “gold bar” scheme, while Democrats defended it as vital for lowering energy costs and reducing pollution, accusing the EPA of acting illegally. The termination comes amid accusations of partisan motivations and a separate criminal investigation into the program.

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