Source: Climate: The $20 billion E.P.A. controversy
…The money was “green bank” funding from the E.P.A.’s Greenhouse Gas Reduction Fund, which received $27 billion under the Biden-era 2022 Inflation Reduction Act.
Funds were held in Citibank accounts under the names of eight nonprofit grantees, which were planning to send it to other green banks and loan […]
