EPA head Regan defends $20B green bank: 'I feel really good about this program'
The head of the Environmental Protection Agency on Friday defended a new $20 billion federal “green bank” program, saying it will finance a variety of projects to create low-carbon solutions to combat climate change, including in disadvantaged communities that are most affected by pollution.
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, EPA Administrator Michael Regan said.
in have called the program a “slush fund” and voiced concern over how the money will be used's climate agenda.
