EPA awards $20 billion in green bank grants for clean energy projects nationwide
Vice President Kamala Harris and other top officials traveled to North Carolina to announce $20 billion in grants for clean energy initiatives
DETROIT (AP) — The Environmental Protection Agency on Thursday awarded $20 billion in federal green bank grants to eight community development banks and nonprofit organizations to use on projects combating climate change in disadvantaged communities and helping Americans save money and reduce their carbon footprints.
The money could fund tens of thousands of eligible projects ranging from residential heat pumps and other energy-efficient home improvements to larger-scale projects such as electric vehicle charging stations and community cooling centers.
“We have the capacity with this approach to empower communities to decide which projects they want that will have the greatest impact from their perspective in the place they call home,” said Vice President Kamala Harris, who traveled to Charlotte, North Carolina to unveil the funding.
