Green Energy has always been about the graft
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Biden-Harris Admin Races To Dish Out $25 Billion for Green Energy Before Trump Takes Office, Sparking Fraud Fears
The Biden administration is in a hurry to finalize more than a dozen green energy loans worth more than $25 billion before President-elect Donald Trump takes office in mid-January—a frantic effort that lawmakers and industry officials are warning could lead to fraud and abuse of taxpayer money.
Through the Department of Energy's Loan Programs Office, the administration is working to finalize a total of 16 pending loans worth a total of $25.1 billion, a Washington Free Beacon analysis found. Those loans figure to be in serious jeopardy—Trump repeatedly vowed to "terminate" green energy spending on the campaign trail—and, in recent weeks, Biden officials have picked up the pace finalizing pending commitments.
Over the last two months, the Loan Programs Office closed on seven loans worth $5.9 billion, including two that were closed after the election. Those two loans went to EV battery component plants in Michigan and New York. By comparison, the office closed on five loans worth $6.5 billion during the prior 27 months.
The quick pace carries risks, Senate Energy and Natural Resources Committee ranking member John Barrasso (R., Wyo.) and House Energy and Commerce Committee chairwoman Cathy McMorris Rodgers (R., Wash.) told the Free Beacon.
"Now that the election is over, the Biden administration wants to triple the amount of money passed out to politically connected firms," Barrasso said. "Congress and the incoming Trump administration will act to ensure taxpayer dollars aren’t wasted on insider payoffs and green pipe dreams."
"President Biden’s Department of Energy is rushing billions of dollars out the door as a last-ditch effort to advance its failing rush-to-green agenda," added McMorris Rodgers. "This effort only increases the risk for Solyndra style waste and abuse—which is why the administration should immediately end its reckless spending spree."
Of course, the global warming profiteers are not just in the United States. Yesterday, the deserving poor of the world managed to extract a promise from developed (western) countries to loot their people and hand over $300 billion a year so that these petty crooks can replenish their Swiss bank accounts. The thieves had initially and indignantly demanded $1.2 trillion, so I’m sure our betters will announce the latest holdup as a victory for the people who’ll be paying this money. Hooray for Robin Hood.
