Congress Raises Alarms About $27 Billion Green Energy ‘Slush Fund’
- October 19, 2023
Alana Goodman, Free Beacon
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.
The EPA’s Greenhouse Gas Reduction Fund will be responsible for distributing $27 billion to nonprofit groups and the green energy technology sector by next September.
Republicans on the House Energy and Commerce Committee said the short deadline for doling out the money will make it difficult for the agency to conduct proper vetting of grantees. They also noted that some EPA officials previously worked for nonprofit groups that stand to benefit from the funding and questioned how the EPA will prevent money from going to Chinese companies that dominate the solar industry.
The letter, which Republicans sent to EPA administrator Michael Regan on Thursday, comes after the EPA inspector general warned about a lack of oversight on green energy spending. EPA inspector general Sean O’Donnell told Congress in April that the billions in new funding carries a “high risk for fraud, waste, and abuse,” and the agency watchdog doesn’t have the resources to properly investigate the distribution.
“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.