EPA to award $250 million in IRA funds to reduce climate pollution

Image Source: https://thehill.com/

EPA to award $250 million in IRA funds to reduce climate pollution

EPA to award $250 million in IRA funds to reduce climate pollution

Source: https://thehill.com/policy/energy-environment/3878023-epa-to-award-250-million-in-ira-funds-to-reduce-climate-pollution/

Author: Zack Budryk

The Biden Administration will make $250 million in grants available to develop strategies to cut climate pollution, the Environmental Protection Agency announced on March 1, 2023. The funds are the first in $5 billion in grant funding allocated by the Inflation Reduction Act’s (IRA) Climate Pollution Reduction Grants (CPRG) program, EPA officials said on a call with repors Tuesday evening. States, Puerto Rico and the District of Columbia will be eligible to receive $3 million in grants, while the CPRG program will make a further $1 million available to the nation’s 67 most populous metropolitan areas. “We know that tackling the climate crisis demands a sense of urgency to protect people and the planet,” EPA Administrator Michael Regan said in a statement. “President Biden’s Inflation Reduction Act is a historic opportunity to provide communities across the country with the resources they need to protect people from harmful climate pollution and improve our economy. These Climate Pollution Reduction Grants are an important first step to equip communities with the resources to create innovative strategies that reduce climate emissions and drive benefits across the country.”