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 ...
Another slush-fund to nowhere.
For reference, President Trump wanted $25 billion to build the border wall and as completely blocked by Pelosi.
Man these Demoncrats ... I mean Democrats sure like to spend our money don’t they?
$50 per ballot.
McCarthy and a majority of GOP House members say there’s no room of budget cuts.
EPA announces theft and fraud.
USA Fed.gov deficit this year projected to be $1.3 Trillion - 3rd highest on record, after 2020-2021 covid years.
Obama’s redistribution of wealth floats to the top again
Wow. $20 Billion for climate stuff, $39 Billion in student loan payment forgiveness, we’ll be out of debt in no time. /s
...another slush fund to the politicians pockets.
The Biden administration is the greatest heist in the history of the mankind.!
Paying foreign deadbeats who didn’t get to go to college with taxpayer dollars.
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!
Correct, 19 billion 995 million spent on meetings of what to do.
Another slush-fund to nowhere.
well said
i would add the subtitle “paying off the donors”
I’ll bet one of the first “projects” will be turning African kids into trannies.
Strongly worded letters and lengthy studies are very expensive these days. I'll "grant" you that.
“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.
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