An appeals court recently ruled that the Environmental Protection Agency (EPA) could legally rescind $16 billion in climate grants that had been awarded as part of the 2022 Inflation Reduction Act.
That 2–1 ruling on Sept. 2 overturned a lower court order that blocked the administration from reclaiming the grant money and putting it to other use.
Where Did the Money Come From and Where Did it Go?
As part of the 2022 Inflation Reduction Act, Congress allocated $27 billion for the Greenhouse Gas Reduction Fund, which was designed to power alternative energy initiatives.
Nonprofit groups competed for the cash, winners were picked, and the full $27 billion was allocated by mid-August 2024, in the form of subgrants given out by three umbrella agencies….
Appeals Court Allows EPA Clawback of Climate Grant Funds: What to Know
