House GOP broadens scrutiny of EPA ‘green bank’ grants

By Timothy Cama | 08/19/2024 04:29 PM EDT

Republicans have raised concerns over conflicts of interest and potential ties between grant recipients and the Chinese government.

House Energy and Commerce Chair Cathy McMorris Rodgers is seen at a hearing.

House Energy and Commerce Chair Cathy McMorris Rodgers (R-Wash.) in March. She and other Republicans are seeking more information from EPA on an Inflation Reduction Act climate grant program. Francis Chung/POLITICO

House Republicans are expanding their investigation into EPA’s $27 billion grant program to reduce greenhouse gas emissions.

Energy and Commerce Committee leaders wrote to EPA Administrator Michael Regan seeking copies of the full award agreements the agency signed with recipients under its Greenhouse Gas Reduction Fund program.

The GOP has long been scrutinizing the program, which is the largest non-tax item stemming from the Inflation Reduction Act. It’s sometimes called a “green bank,” since its largest project, worth $14 billion, will function like a bank to finance projects to reduce emissions.

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The panel’s oversight to date has included a January hearing with a top EPA adviser working on the GGRF and some follow-up communications over issues like conflicts of interest, potential ties between grant recipients and the Chinese government and performance audits. Republicans want more now.

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