The EPA has $100 billion to spend on climate-related projects, but the money is prompting groans over red tape and spending priorities
Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay.
Illustration: Preston Jessee/WSJWASHINGTON—Congress has given the Environmental Protection Agency more than $100 billion to spend on climate-related projects over the next 18 months, but the massive sum is triggering controversies.is aimed mainly at setting the U.S. economy on a path to cut planet-warming greenhouse gases 40% by 2030.
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