EPA terminates Biden admin's green grants worth $20B, Zeldin says
Fox News
The EPA is terminating $20 billion in grants awarded under the Biden administration for climate and clean-energy projects.
The money has since been frozen, he said, noting that the Department of Justice and FBI are investigating.
The program, approved by Congress under the 2022 Inflation Reduction Act, was formerly known as the Greenhouse Gas Reduction Fund but is more commonly referred to as the green bank. Two initiatives, worth $14 billion and $6 billion, respectively, aimed to offer grants to nonprofits, community development banks and other groups for projects focusing on disadvantaged communities.
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