ESG Today writes that the funding will be provided through the Climate Pollution Reduction Grants program, which will provide finances to states, local governments and territories that can develop and deploy plans to cut their share of carbon output.

EPA officials expect the selected projects to reduce greenhouse gas emissions output by 971 million tons of CO2 by 2050. Among the first selected projects is one proposed by those at Pennsylvania’s Department of Environmental Protection, worth 396 million USD, which aims to reduce industrial emissions by organizing a special competition for small, medium and large-scale carbon reduction initiatives.

Pennsylvania Governor Josh Shapiro said that "this is one of the largest federal grants Pennsylvania has ever received, and through RISE PA, we will offer grants for companies working to make their operations more efficient. This investment will help us reduce toxic air pollution, create thousands of jobs, invest in our energy sector, and continue Pennsylvania’s legacy of energy leadership."

US officials say that 25 applicants across 30 states have been selected to receive funding and anticipated investments include 1.2 billion USD for transport and over 1 billion for improving energy efficiency in buildings.

EPA Administrator Michael S. Regan, added that "selected recipients have put forward ambitious plans to advance sustainable agriculture, deploy clean industrial technologies, cut emissions and energy costs in homes and commercial buildings, and provide cost- and energy-efficient heating and cooling to communities, creating economic and workforce development opportunities along the way."