The next few months will be critical for the success or failure of the biggest environmental program in last year’s climate, tax and health care law: the $27 billion Greenhouse Gas Reduction Fund.
While Republicans are proposing to rescind large portions of the fund in fiscal 2024 appropriations bills, the EPA is working to enlist organizations that will be tasked with putting the money into action, particularly in communities that have suffered disproportionately from environmental degradation.
The EPA laid out plans for divvying up the fund through three separate grant competitions. Groups have until Sept. 26 to apply for grants from the $7 billion “Solar for All” program and the deadline is Oct. 12 to seek funds from the other two tranches: a $14 billion fund for clean technology projects and a $6 billion fund for developing clean energy in disadvantaged communities.