Judge temporarily blocks EPA's effort to cancel $20 billion in climate grants
CBSN
A federal judge on Tuesday temporarily blocked a move by the Environmental Protection Agency to cancel more than $20 billion in climate grants awarded under the Biden administration, stating that the EPA had failed to provide sufficient evidence the grants were examples of waste and fraud.
The ruling comes after EPA Administrator Lee Zeldin claimed in February that the agency found that "roughly twenty billion of your tax dollars were parked at an outside financial institution" by the Biden administration.
That outside institution was Citibank, which was holding the funds for the EPA and was distributing the money to numerous grant recipients who had been awarded money through the Greenhouse Gas Reduction Fund, a program under the 2022 Inflation Reduction Act "to mobilize financing and private capital to address the climate crisis."
