Utility Dive•29 days ago
Court agrees to rehear $14B climate funding freeze case
- •A full U.S. Court of Appeals for the D.C. Circuit will rehear a case in February concerning the EPA's freeze of $14 billion in Greenhouse Gas Reduction Fund (GGRF) grants.
- •The outcome of this rehearing will directly impact the availability of substantial federal capital for climate-related projects, significantly influencing project economics and market activity for clean energy developers.
- •This legal challenge to EPA's administration of GGRF grants signals potential shifts in federal climate funding policy and accessibility, affecting long-term project planning and investment strategies.
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