EPA Urged To Direct Bulk Of GHG Fund To National ‘Green Bank’

Environmentalists and other clean energy backers are urging EPA to direct the bulk of a new $27 billion fund that Democrats included in their massive spending bill to boost climate-friendly projects toward a single, national “green bank” that would pair federal and private funds to help finance local groups’ low-carbon technologies and services. The advocacy surrounding an EPA-administered “Greenhouse Gas Reduction Fund,” which was established in the recently enacted Inflation Reduction Act (IRA), could help flesh out how the agency...