Clean Air Partnership Fund
To help protect public health and ease the threat of global warming, President Clinton is proposing $85 million for the creation of a new Clean Air Partnership Fund. The Fund will provide grants to states, localities, and tribes to support efforts that achieve reductions in both greenhouse gas emissions and ground-level air pollutants. First proposed as part of last years FY 2000 budget, the Fund will be administered by the Environmental Protection Agency under existing authority.
Integrated Pollution Control. The Fund will stimulate integrated, cost-effective
strategies. It directs new resources to state, local, and tribal governments to finance projects and
programs that achieve accelerated reductions in both air pollutants, such as soot, smog, and air toxics, and in greenhouse gases.
A Quicker Path to Cleaner Air. By providing new resources for projects that accelerate pollution reductions, the Fund will enable communities to achieve multi-pollutant clean air goals sooner and reduce greenhouse gas emissions at the same time.
Technological Innovation. The Fund will help spur both public and private sector innovations in next-generation pollution control technology.
A Magnet for Local Investment & Innovation. The Fund will encourage public-private partnerships to demonstrate ways to create a cleaner environment at the local level. The Fund can be used to support local revolving funds, low-interest loan programs, matching grants, and other mechanisms that will leverage the original Federal investment, greatly increasing its impact.
Win-Win Clean Air Projects. The Fund will support a wide range of practical projects that will mean cleaner air, reduced greenhouse gas emissions, and real savings for taxpayers and consumers. These could include projects such as building combined heat and power facilities that put waste heat to work, reducing emissions of both sulfur dioxide and carbon dioxide; retrofitting municipal buildings to make them more energy efficient, reducing pollution resulting from electricity generation; and upgrading municipal vehicle fleets to make them more fuel efficient.
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