


The House Energy and Commerce Committee released legislative text that would roll back climate funding implemented by former President Joe Biden’s Inflation Reduction Act.
The committee is seeking to repeal billions in funding from climate initiatives established through the 2022 Inflation Reduction Act. The committee would cancel up to $6.5 billion just in unspent funding from the law, which Democrats passed with no GOP votes.
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The legislation in question is the committee’s portion of the major fiscal overhaul to implement President Donald Trump’s agenda. Republicans plan to pass the multitrillion-dollar legislation through budget reconciliation, a process that allows for bills to bypass the filibuster and pass with only a simple majority in the Senate.
The Energy and Commerce Committee draft includes canceling grant money to the Environmental Protection Agency’s Greenhouse Gas Reduction Fund program, which was established through the IRA. The program has been a prime target for EPA Administrator Lee Zeldin, who has claimed that it was mismanaged by the Biden administration. The EPA and several grantees are undergoing a legal battle over the grant money.
The legislation would also repeal the “unobligated balance” of IRA funding from the Energy Department Loans Program Office and promote what Democrats have called the “pay to play” permitting process, which is similar to the one proposed by the Natural Resources Committee last week.
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“This bill would claw back money headed for green boondoggles through ‘environmental and climate justice block grants’ and other spending mechanisms through the Environmental Protection Agency and Energy Department,” House Energy and Commerce Committee Chairman Brett Guthrie (R-KY) wrote in the Wall Street Journal on Sunday.
“The legislation would reverse the most reckless parts of the engorged climate spending in the misnamed Inflation Reduction Act, returning $6.5 billion in unspent funds,” he added. “The bill would also begin refilling the dangerously low Strategic Petroleum Reserve.”