A nonprofit that was awarded nearly $7 billion by the Biden administration to finance clean energy and climate-friendly projects has sued President Donald Trump's Environmental Protection Agency, accusing it of improperly freezing a legally awarded grant.
Climate United Fund, a coalition of three nonprofit groups, demanded access to a Citibank account it received through the Greenhouse Gas Reduction Fund, a program created in 2022 by the bipartisan Inflation Reduction Act and more commonly known as the green bank. The freeze threatens its ability to issue loans and even pay employees, he group said.
