IRA included a Greenhouse Gas Reduction Fund, $27 billion to be disseminated primarily in vulnerable and under-resourced communities for clean energy and climate mitigation projects. In this episode, EPA’s Jahi Wise discusses how the program was designed, who the recipients are, and what the funding will accomplish.
Just as I commented in a previous pod, the IRA funds are seed money that has already attracted numerous private investors, who have invested many times over what they have initially received for their specific climate measures. And, as we see from Jahi Wise, there is a rigorous accountability system for checking that these loans, grants, and tax breaks are used as specified.
Just as I commented in a previous pod, the IRA funds are seed money that has already attracted numerous private investors, who have invested many times over what they have initially received for their specific climate measures. And, as we see from Jahi Wise, there is a rigorous accountability system for checking that these loans, grants, and tax breaks are used as specified.