Climate Politics
EPA Seeking to Claw Back $20 Billion in Climate Law Grants
- Greenhouse Gas Reduction Fund deploys solar panels, heat pumps
- News comes amid broader Republican scrutiny of IRA spending
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The Environmental Protection Agency will attempt to claw back some $20 billion in funding for climate projects awarded under President Joe Biden’s signature climate law, administrator Lee Zeldin said Wednesday evening, saying the effort was a “scheme” without proper oversight.
“The financial agreement with the bank needs to be instantly terminated and the bank must immediately return all the” funds, Zeldin said in video post on X, referring to the lender that oversees the Greenhouse Gas Reduction Fund. “EPA needs to re-assume responsibility for all of these funds.”