Washington, D.C. — Today, the Environmental Protection Agency announced $20 billion in awards from the Inflation Reduction Act’s Greenhouse Gas Reduction Fund to create a national financing network for climate and clean energy projects. In response, Trevor Higgins, senior vice president for Energy and Environment at the Center for American Progress, issued the following statement:
The administration today is standing up major new investment programs to make climate and clean energy projects a reality for communities across the country. These awards offer dedicated funding for the underserved and low-income communities that need it most. House Republicans voted countless times in a futile attempt to block this funding from being put to good use, but the Biden administration has now moved this vital program beyond the reach of partisan politics. It will fund programs that have the flexibility and permanence to deliver on the benefits of the clean energy economy for years and years to come.
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