The U.S. Environmental Protection Agency (EPA) said Friday that it has officially obligated $27 billion in Greenhouse Gas Reduction Fund grants to selected recipients, a move that makes the program binding.
The agency said award recipients can now access the fund, allocated through the Inflation Reduction Act, to start implementing projects for reducing greenhouse gases and air pollution in communities.
EPA administrator Michael Regan cited the urgency of addressing climate impacts as the reason for the quick allocation of the fund.
“With climate impacts increasingly impacting all Americans, and especially those in communities that have been historically left behind, EPA knew it had to move swiftly and deliberately to get this historic funding out the door,” Regan said in a statement….