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Greenhouse Gas Reduction Fund

Donald Trump, a wind turbine, and money.
Politics

The Messaging War Over Energy Costs Is Just Beginning

The new climate politics are all about affordability.

Ideas

Now We Decide the Future of U.S. Climate Policy

On the third anniversary of the signing of the Inflation Reduction Act, Heatmap contributor Advait Arun mourns what’s been lost — but more importantly, charts a path toward what comes next.

Sparks

Solar for All May Be on the Chopping Block After All

The $7 billion program had been the only part of the Greenhouse Gas Reduction Fund not targeted for elimination by the Trump administration.

Politics

Here’s How Much Money Biden Actually Spent From the IRA

When Congress rescinded unobligated funds from the historic climate law, it inadvertently answered a question climate advocates have been asking for months.

Throwing away a green bank.

EPA Claims Congress Killed the Green Bank

The saga of the Greenhouse Gas Reduction Fund takes another turn.

Biden signing the IRA.

The Senate Takes Its First Pass at IRA Repeal

The Environment and Public Works Committee largely preserved the cuts made by the House, with one odd exception.

Sparks

Rewiring America Slashes Staff Due to Trump Funding Freeze

The nonprofit laid off 36 employees, or 28% of its headcount.

Surprised outlets.
<p>Heatmap Illustration/Getty Images</p>

The Trump administration’s funding freeze has hit the leading electrification nonprofit Rewiring America, which announced Thursday that it will be cutting its workforce by 28%, or 36 employees. In a letter to the team, the organization’s cofounder and CEO Ari Matusiak placed the blame squarely on the Trump administration’s attempts to claw back billions in funding allocated through the Greenhouse Gas Reduction Fund.

“The volatility we face is not something we created: it is being directed at us,” Matusiak wrote in his public letter to employees. Along with a group of four other housing, climate, and community organizations, collectively known as Power Forward Communities, Rewiring America was the recipient of a $2 billion GGRF grant last April to help decarbonize American homes.

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Podcast

The Least-Noticed Climate Scandal of the Trump Administration

Rob and Jesse catch up on the Greenhouse Gas Reduction Fund with former White House official Kristina Costa.

Lee Zeldin.
<p>Heatmap Illustration/Getty Images</p>

The Inflation Reduction Act dedicated $27 billion to build a new kind of climate institution in America — a network of national green banks that could lend money to companies, states, schools, churches, and housing developers to build more clean energy and deploy more next-generation energy technology around the country.

It was an innovative and untested program. And the Trump administration is desperately trying to block it. Since February, Trump’s criminal justice appointees — led by Ed Martin, the interim U.S. attorney for the District of Columbia — have tried to use criminal law to undo the program. After failing to get the FBI and Justice Department to block the flow of funds, Trump officials have successfully gotten the program’s bank partner to freeze relevant money. The new green banks have sued to gain access to the money.

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