The Trump administration is attempting to reclaim approximately $20 billion in funding that was awarded by the Biden administration to mitigate greenhouse gas emissions and air pollution. Environmental Protection Agency (EPA) head Lee Zeldin criticized the earlier agreement involving this funding, although he ruled out any wrongdoing by the financial institution involved. The funding is linked to the Greenhouse Gas Reduction Fund set up through the Inflation Reduction Act, aimed at supporting clean energy projects in underserved communities. Critics argue this move jeopardizes vital public-private partnerships necessary for various local clean energy projects.
They are blocking tens of billions of dollars in public-private partnerships from investing in projects across the country. Whether it is a local credit union offering low interest loans…
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