Zeldin Seeks To ‘Reassume Responsibility’ Of GHG Reduction Fund Money

EPA Administrator Lee Zeldin said the agency is seeking to “instantly terminate” an agreement to disburse funds from the Biden administration’s $20 billion Greenhouse Gas Reduction Fund (GHGRF) intended to finance a variety of clean energy projects, arguing that administration officials should “reassume responsibility” for the funds. The move -- which concerns an agreement in which a private bank acts as the government’s “agent” for distributing the obligated GHGRF funding -- appears to be a precursor to attempts to pause...