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March 13, 2025

EPA nixes $20B in climate grants

WASHINGTON (AP) — The Environmental Protection Agency said it has terminated grant agreements worth $20 billion issued by the Biden administration under a so-called green bank to finance climate-friendly projects.

The action comes weeks after the EPA froze the grants, which EPA Administrator Lee Zeldin has characterized as a “gold bar” scheme marred by conflicts of interest and potential fraud.


 
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