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A Multi-Billion pile of cash dwarfing most private green investment vehicles.
The Biden Energy Slush Fund - WSJ
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Congress Raises Alarms About $27 Billion Green Energy ‘Slush Fund’
House lawmakers are warning that the Biden administration’s $27 billion green energy "slush fund" at the Environmental Protection Agency could be used to finance Democratic political allies and Chinese solar companies, according to a letter obtained by the Washington Free Beacon.
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"With billions of dollars on the line, an unusually accelerated timeline for disbursement, and a new and complex funding structure, this program warrants close scrutiny and rigorous oversight," wrote McMorris Rodgers and other House Energy and Commerce Committee Republicans in the letter.
They added that the "EPA has no experience administering such a funding vehicle, referring to it as ‘a first-of-its-kind’ program," and has "just over a year to obligate $27 billion."
The letter also noted that some of the funding is directed to solar power and other green energy industries dominated by China and questioned how the EPA would be able to ensure that products are sourced domestically.
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Sustainability Craze Not Sustainable
http://roanokeslant.blogspot.com/2023/11/sustainability-craze-not-sustainable.html
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