The U.S. Environmental Protection Agency (EPA) announced that it will grant $115 million for projects that cut harmful pollution from the nation's existing fleet of older diesel engines.
Under the Diesel Emissions Reduction Act (DERA) grant funding competition, EPA anticipates making 4-10 awards in each of EPA's ten regions to eligible applicants.
"Throughout the years, this crucial program to reduce diesel emissions has improved air quality and provided far-reaching public health benefits by reducing hundreds of thousands of tons of air pollution and saving millions in gallons of fuel," said Joseph Goffman, Principal Deputy Assistant Administrator for the Office of Air and Radiation.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.