EPA Administrator Lee Zeldin cancels over 400 DEI and environmental justice grants, saving nearly $2 billion. Zeldin pledges to recover $20 billion lost by the Biden administration to climate projects. EPA also terminates contract with bank overseeing the Greenhouse Gas Reduction Fund.
Key Points
Over 400 DEI and environmental justice grants canceled
Approximately $2 billion saved
Pledge to recover $20 billion lost to climate projects
Termination of contract with bank overseeing Greenhouse Gas Reduction Fund
Pros
Saving taxpayer money
Increased transparency and accountability in government spending
Cons
Potential impact on environmental justice and climate equity initiatives