(AGENPARL) - Roma, 16 Agosto 2023(AGENPARL) – mer 16 agosto 2023 Issued: Aug 16, 2023 (8:24am EDT)
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EPA Marks One Year of Progress Under President Biden’s Inflation Reduction
WASHINGTON (Aug. 16, 2023) — Today, the U.S. Environmental Protection Agency
(EPA) marks one year of progress implementing President Biden’s Inflation
Reduction Act, the most ambitious climate law in U.S. history and a core
pillar of Bidenomics and the President’s Investing in America Agenda. Since
the legislation was signed into law, EPA has moved swiftly to put a historic
$41 billion dollars to work to reduce emissions, build a clean economy, lower
energy costs for American households and businesses, create good-paying union
jobs, and advance environmental justice across the country.
“President Biden’s Inflation Reduction Act is the game-changer America
needed for climate action,” said EPA Administrator Michael S. Regan. “The
EPA team has been hard at work designing innovative programs to cut emissions
in every sector of our economy, while empowering communities across the
country with the resources to take decisive action. We are centering
environmental justice in everything we do, ensuring communities on the
frontlines of the climate crisis are benefiting from the public health,
resilience, and economic opportunities unleashed by this transformative
legislation. This is Bidenomics in action – achieving our ambitious climate
and clean energy goals while investing directly in the wellbeing and
prosperity of hard-working Americans.”
EPA’s Inflation Reduction Act programs are helping meet President Biden’s
goals of reducing greenhouse gas emissions 50-52% below 2005 levels in 2030
and achieving net zero emissions by no later than 2050. Along with cutting
emissions, these programs are advancing President Biden’s Justice40
Initiative to direct at least 40% of the overall benefits of these investments
in climate and clean energy to disadvantaged communities to combat decades of
underinvestment and address disproportionate environmental burden.
Year One in Review
In just one year, EPA has made tremendous progress designing and implementing
new Inflation Reduction Act programs. In November 2022, EPA was the first
federal agency to award Inflation Reduction Act dollars by announcing more
than $30 million to expand community air monitoring in 37 states, followed by
an additional $25 million in clean air grants to improve air quality across
the country.
At the same time, from day one, EPA has prioritized robust stakeholder
engagement, listening to states, municipalities, and Tribal governments,
environmental justice and climate nonprofits, labor unions, and
community-based organizations to inform the development of new programs. These
perspectives will ensure EPA’s Inflation Reduction Act programs meet the
unique needs of stakeholders and maximize the results of this historic funding
for communities and the environment.
EPA first-year Inflation Reduction Act highlights include:
Designed and launched competitions for a national-scale clean energy financing
network. The Inflation Reduction Act authorized EPA to implement the
Greenhouse Gas Reduction Fund, a historic $27 billion investment to mobilize
financing and private capital to combat the climate crisis and bolster the
clean financing market. EPA has opened all three grant competitions under the
Greenhouse Gas Reduction Fund including the $7 billion Solar for All
competition, the $14 billion National Clean Investment Fund, and the $6
billion Clean Communities Investment Accelerator. All three of the competitive
grant opportunities are designed to mobilize private capital into clean
technology projects, strengthen the market for project deployment, create
good-paying clean energy jobs, and lower energy costs for American families,
while cutting harmful pollution to protect people’s health and tackle the
climate crisis. These first-of-their-kind programs also support the
President’s commitment to ensuring all communities can participate in the
clean energy transition, with over two-thirds of the funds from the Greenhouse
Gas Reduction Fund dedicated to low-income and disadvantaged communities.
Catalyzing innovative strategies to cut climate pollution and deploy clean
energy solutions nationwide. EPA’s $5 billion Climate Pollution Reduction
Grant program, created by the Inflation Reduction Act, is enabling states,
municipalities, Tribes, and territories to develop community-driven solutions
to dramatically cut climate pollution, transition key sectors, and position
communities to be more resilient and sustainable. In year one of
implementation, EPA made $250 million dollars available to fund the
development of climate action plans, and nearly all states, plus major cities
in all 50 states, have opted in to receive these flexible planning resources.
In the coming weeks, EPA will announce a $4.6 billion grant competition to
fund select initiatives developed under the first phase of the program.
Together, these grants will catalyze transformative local climate solutions,
enable communities to chart a path toward unprecedented emissions reductions,
and create good-paying jobs across the country.
Building the framework for the largest investment in environmental justice in
U.S. history.
From day one of his administration, President Biden has made achieving
environmental justice a top priority. The Inflation Reduction Act created a
new Environmental and Climate Justice Program that EPA will launch this fall
to provide more than $2 billion in grants and $200 million in technical
assistance to community-based organizations to address community climate
priorities. EPA’s Office of Environmental Justice and External Civil Rights
has conducted months of extensive public engagement to inform the design of
this program, including with the National Environmental Justice Advisory
Council, White House Environmental Justice Advisory Council, and hundreds of
individuals from frontline communities. Under this program, disadvantaged
communities will be able to apply for funding to support a vast array of
community-driven priorities, from extreme heat mitigation to climate
resilience to zero-emissions technologies and workforce development to expand
pathways into high-quality jobs.
EPA launched competitions and will soon award funding for three new and
expanded environmental justice grant programs totaling $650 million, including
a $550 million Thriving Communities Grantmaking Program, a $70 million
Government-to-Government Program, and a $30 million Collaborative
Problem-Solving Program.
These Inflation Reduction Act activities build on EPA’s existing and ongoing
commitment to underserved communities. Over the last year, EPA has launched
and expanded innovative programs to provide more support than ever before to
communities that unjustly bear the burdens of environmental harm and
pollution. One highlight includes the $177 million for the creation of 16
Environmental Justice Thriving Communities Technical Assistance Centers (EJ
TCTACs) to remove barriers to federal resources and help communities pursue
funding opportunities like those made available through President Biden’s
Investing in America Agenda.
Looking Ahead to Year Two
EPA made significant progress in the first year of implementing the historic
Inflation Reduction Act and has laid a strong foundation to continue
delivering robust results in year two. In the coming months, the agency will
award billions in additional funding to states, cities, Tribal governments,
community-based organizations, and other grassroots leaders on the front lines
of combatting climate change and build a stronger, cleaner economy for all
Americans. EPA will launch numerous additional cutting-edge Inflation
Reduction Act programs to curb harmful methane emissions, reduce air pollution
at ports and in surrounding communities, promote low-carbon construction
materials, improve air quality at schools, and put more clean vehicles on
America’s roads. EPA will remain steadfastly committed to delivering on
President Biden’s Justice40 Initiative to ensure every community benefits
from progress under the Inflation Reduction Act.
Americans are already witnessing how the Inflation Reduction Act is spurring
private sector investment, accelerating state and local action, and delivering
concrete evidence of clean energy progress across the country. Together, these
investments will generate economic growth, contribute to the revitalization of
American manufacturing, and create good paying union jobs that strengthen
America’s middle class. This has been a historic year, and EPA will keep its
pace in the second year of implementation to continue delivering on the vision
and opportunities for people and the planet established by President Biden’s
Inflation Reduction Act.
Learn more about EPA’s implementation of the Inflation Reduction Act.
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