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EPA announces $20 billion 'climate bank' meant to boost projects in poorer places
The Washington Examiner ^ | July 14, 2023 | by Breanne Deppisch

Posted on 07/14/2023 7:07:09 AM PDT by Oldeconomybuyer

The Environmental Protection Agency on Friday announced the terms for doling out $20 billion through “climate banks” authorized by the Inflation Reduction Act, part of the massive green spending authorized by the law meant specifically to boost poorer towns and people harmed by pollution.

The EPA said it was setting up two programs, one with $14 billion in funding and the other with $6 billion, that would in turn each set up a handful of institutions that would partner with private-sector entities to finance green projects, which could include heat pumps, electric vehicle charging stations, building upgrades, and other similar items.

The funds “will spur private investment into clean technology projects and expand economic opportunity for communities that have been left behind, for families that want lower energy costs, and for workers who need good-paying jobs,” EPA Administrator Michael Regan said in a statement.

The two programs add to a separate $7 billion program announced in June to boost solar power in places deemed low-income or disadvantaged, according to the EPA.

The agency said the deadline for applying for the program is Oct. 12.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: boondoggle; climatechangefraud; debt; epa; fascism; globalwarming; hoax; propaganda; socialism; spending
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1 posted on 07/14/2023 7:07:09 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Another slush-fund to nowhere.


2 posted on 07/14/2023 7:09:14 AM PDT by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: Oldeconomybuyer

For reference, President Trump wanted $25 billion to build the border wall and as completely blocked by Pelosi.


3 posted on 07/14/2023 7:10:28 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: Oldeconomybuyer
--- "...massive green spending" in which the administrators and middlemen take only their reasonable fees, charges and surcharges, not to mention consulting fees and related expenses are reasonably assessed.....
4 posted on 07/14/2023 7:10:32 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: Oldeconomybuyer

Man these Demoncrats ... I mean Democrats sure like to spend our money don’t they?


5 posted on 07/14/2023 7:10:32 AM PDT by antidemoncrat (AS )
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To: Oldeconomybuyer

$50 per ballot.


6 posted on 07/14/2023 7:11:05 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: Oldeconomybuyer

McCarthy and a majority of GOP House members say there’s no room of budget cuts.


7 posted on 07/14/2023 7:11:37 AM PDT by ConservativeInPA (Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself.)
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To: Oldeconomybuyer

EPA announces theft and fraud.


8 posted on 07/14/2023 7:18:58 AM PDT by EEGator
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To: Oldeconomybuyer
authorized by the Inflation Reduction Act,

USA Fed.gov deficit this year projected to be $1.3 Trillion - 3rd highest on record, after 2020-2021 covid years.

9 posted on 07/14/2023 7:19:06 AM PDT by PGR88
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To: Oldeconomybuyer

Obama’s redistribution of wealth floats to the top again


10 posted on 07/14/2023 7:19:34 AM PDT by butlerweave
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To: Oldeconomybuyer

Wow. $20 Billion for climate stuff, $39 Billion in student loan payment forgiveness, we’ll be out of debt in no time. /s


11 posted on 07/14/2023 7:20:42 AM PDT by ken in texas
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To: E. Pluribus Unum

...another slush fund to the politicians pockets.


12 posted on 07/14/2023 7:22:30 AM PDT by Codeflier (Don't worry....be happy)
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To: Oldeconomybuyer

The Biden administration is the greatest heist in the history of the mankind.!


13 posted on 07/14/2023 7:24:29 AM PDT by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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To: Oldeconomybuyer

Paying foreign deadbeats who didn’t get to go to college with taxpayer dollars.


14 posted on 07/14/2023 7:26:54 AM PDT by FlingWingFlyer (No more new laws until we start enforcing the crap we already have!)
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To: Codeflier

I’m already hearing PSAs about this fund going to Democrat inner cities where “urban agriculture” is suffering from climate change...... Gotta keep them turkey’s on the gubment payroll!


15 posted on 07/14/2023 7:27:22 AM PDT by Segovia
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To: Worldtraveler once upon a time

Correct, 19 billion 995 million spent on meetings of what to do.


16 posted on 07/14/2023 7:34:10 AM PDT by oldasrocks (uit )
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To: E. Pluribus Unum

Another slush-fund to nowhere.


well said

i would add the subtitle “paying off the donors”


17 posted on 07/14/2023 7:35:54 AM PDT by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: Oldeconomybuyer

I’ll bet one of the first “projects” will be turning African kids into trannies.


18 posted on 07/14/2023 7:39:07 AM PDT by FlingWingFlyer (No more new laws until we start enforcing the crap we already have!)
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To: oldasrocks
--- "Correct, 19 billion 995 million spent on meetings of what to do."

Strongly worded letters and lengthy studies are very expensive these days. I'll "grant" you that.

19 posted on 07/14/2023 7:42:42 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: Oldeconomybuyer

“boost solar power in places deemed low-income or disadvantaged”

Utterly ridiculous. How long before the panels show up in pawn shops and junk yards?

All of us solid citizen taxpayers are “disadvantaged” by our GD government. Who looks after us? Nobody but ourselves. Every single day there’s another staggeringly wasteful project announced by this stinking government.

I yearn for a return to the days when you could go about your life and not once think about the government, its corruption, its incompetence, its massive waste, its bribing people and its malfeasance.


20 posted on 07/14/2023 7:46:00 AM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone else.)
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