EPA Cancels $20 Billion in Biden-Era Climate Grants

Administrator Lee Zeldin claims the termination addresses alleged waste and fraud, while lawsuits challenge the move as unlawful.

The Trump administration's EPA, led by Lee Zeldin, has terminated $20 billion in grants from the Greenhouse Gas Reduction Fund, citing concerns over waste and program integrity.
The Biden-era program, established under the Inflation Reduction Act, aimed to fund climate initiatives in underserved communities through nonprofit-led 'green banks.'
Citibank, which managed the funds, has frozen disbursements, leaving grantees unable to access funds and prompting legal challenges from multiple nonprofits seeking to secure their grants.
The Department of Justice and FBI are investigating the program, while critics argue the cancellations undermine congressional authority and disrupt private-sector climate investments.
The cancellations are part of broader cuts targeting environmental justice and diversity, equity, and inclusion programs, with the EPA claiming over $2 billion in taxpayer savings since January.