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Statement: Repealing the Greenhouse Gas Reduction Fund Harms Impacted Communities

March 22, 2024

 — Today, the House of Representatives passed H.R. 1023 and H.R 1141 to repeal the Greenhouse Gas Reduction Fund (GGRF) and the Methane Emissions Reduction Program (MERP). Together, these bills lift polluter taxes while cutting climate action to pay for it. In response to the vote, Jessie Buendia, Green For All National Director and VP of Sustainability at Dream.Org issued the following statement: 

“The Greenhouse Gas Reduction Fund is set to unlock billions of dollars in financing for clean energy projects for communities across the country. For too long, disadvantaged communities have grappled with pollution and poverty without access to solutions. The GGRF will finally provide the resources needed to reduce pollution, mitigate climate impacts and create green jobs. 

“Instead of providing impacted communities with the solutions they need and deserve, House Republicans have voted to cut these funds to pay for getting rid of a polluter tax. This is not only morally wrong, but it’s also a giveaway to the oil and gas industries. The Greenhouse Gas Reduction Fund is a downpayment towards a more sustainable, more equitable future that we simply cannot afford to lose.”

CONTACT

Rachael Payton, Director of Communications
rachael.payton@dream.org

ABOUT DREAM.ORG

At Dream.Org, we bring people together across racial, social, and partisan lines. Through our Justice, Tech, and Green For All programs, we are working towards an America with fewer people behind bars, less pollution, and greater opportunities for underserved communities.

Since the passage of the Inflation Reduction Act of 2022, Dream.Org’s Climate Investment experts have worked to mobilize support for the Greenhouse Gas Reduction Fund (GGRF) by building bridges among partners, launching community engagement initiatives, and conducting knowledge-building campaigns in order to increase awareness about the fund's impact, as well as the benefits of green banks across the country. We’ve been strong advocates for a national green bank because we recognize the importance of leveraging capital in disadvantaged communities and supporting BIPOC entrepreneurs to reduce emissions and create opportunity. Through the efforts of our climate investment team, our policy recommendations played a crucial role in shaping the overall GGRF and mobilizing tens of thousands of Americans.  Dream.Org was a co-chair in CGC's Community Investments Working Group and played a key role in developing its 3-5-7 framework and incorporating Justice40 principles throughout CGC’s National Clean Investment Fund proposal.

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