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EPA opens $2B in grants for helping communities fight climate change, pollution - The Hill

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EPA opens $2B in grants for helping communities fight climate change, pollution | The Hill

EPA opens $2B in grants for helping communities fight climate change, pollution

The Biden administration is opening $2 billion toward helping disadvantaged communities combat climate change and air pollution.

The grants are expected to fund projects that make communities more resilient to climate impacts; prevent, monitor or clean up pollution; invest in low- and no-emission energy projects; and reduce indoor air pollution.

The Environmental Protection Agency (EPA), using money from the climate, tax and health care bill the Democrats passed last year, expects to fund a total of 170 projects.

All of the money is slated to go to communities that currently face underinvestment and heavy levels of pollution.

It will open applications for grants under this program for a year and review those applications on a rolling basis.

“This historic, unprecedented funding has the promise to turn disadvantaged and overburdened areas into healthy, resilient, and thriving communities for current and future generations,” EPA Administrator Michael Regan said in a written statement.

The announcement comes as Republicans have targeted EPA programs aimed at improving environmental equity and combating climate change for spending cuts.
Joe Biden Michael Regan

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Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics