{"id":287,"date":"2024-07-24T16:09:01","date_gmt":"2024-07-24T20:09:01","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/esg\/?p=287"},"modified":"2024-07-24T16:09:01","modified_gmt":"2024-07-24T20:09:01","slug":"4-3b-in-climate-pollution-reduction-grants-allocated-by-the-epa-to-25-applicants-in-30-states","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/esg\/2024\/07\/24\/4-3b-in-climate-pollution-reduction-grants-allocated-by-the-epa-to-25-applicants-in-30-states\/","title":{"rendered":"$4.3B in Climate Pollution Reduction Grants Allocated by the EPA to 25 applicants in 30 States"},"content":{"rendered":"

On July 22, as part of the Biden-Harris Administration\u2019s Investing in America<\/strong><\/em> agenda, the U.S. Environmental Protection Agency announced selected recipients of over $4.3 billion<\/strong> in Climate Pollution Reduction Grants<\/em><\/strong> to implement community-driven solutions that are intended to tackle the climate crisis, reduce air pollution, advance environmental justice, and accelerate America\u2019s clean energy transition.<\/p>\n

The 25 selected applications<\/a> – https:\/\/www.epa.gov\/inflation-reduction-act\/general-competition-selected-applications-table <\/a>will fund projects in 30 states, including one Tribe, that target reducing greenhouse gas pollution from 6 sectors: Transportation – $1.18B, electric power – $372M, Commercial and Residential Buildings – $1.06B, Industry – $636M, Agriculture\/ natural and working lands – $931M, and Waste and Materials Management – $121M<\/strong>.<\/p>\n

A large part of the funded projects are also intended to help 45 states and dozens of metro areas<\/a>,\u00a0Tribes and territories<\/a> develop Climate Action Plans and, per the EPA, is the single largest effort to spur the development of concrete local climate action goals across the nation.<\/p>\n

The grants will fund projects supporting the deployment of technologies and programs to reduce greenhouse gases across the country. The grants are intended to help businesses capitalize on new opportunities, spur economic growth and job creation in new and growing industries, and support development of training programs to prepare workers.<\/p>\n

According to the EPA website, when estimates provided by all selected applicants are combined, the proposed projects would reduce greenhouse gas pollution by as much as 971 million metric tons of carbon dioxide<\/strong> equivalent by 2050, roughly the emissions from 5 million average homes\u2019 energy use each year for over 25 years.<\/p>\n

EPA expects to announce up to an additional $300 million<\/strong> in selections under the Climate Pollution Reduction Grants program for Tribes, Tribal consortia, and territories later this summer.<\/p>\n

By way of example, Pennsylvania\u2019s Department of Environmental Protection<\/strong> has been selected to receive a more than $396 million grant for their proposed RISE PA project which focuses on industrial GHG emissions<\/em> in the industrial sector through a competitive grants program and incentives for small-, medium- and large-scale decarbonization projects across the state.<\/p>\n