EXCLUSIVE: ‘Green Banks’ With Political Ties To Biden Could Reap Massive Windfall From Taxpayers, Watchdog Warns
- October 12, 2023
Nick Pope, The Daily Caller
Several “green banks” with connections to the Biden administration may be in line to reap taxpayer dollars through several Environmental Protection Agency (EPA) programs, according to research conducted by Protect the Public’s Trust.
The EPA’s Greenhouse Gas Reduction Fund (GGRF) features the National Clean Investment Fund, Clean Communities Investment Accelerator, and Solar for All programs and will shell out a combined $27 billion in taxpayer funds, much of which will go to “green banks” that will finance various green energy projects. Several prospective awardees are staffed by politically connected officials from the Biden administration, and one has connections to the Obama administration, according to Protect the Public’s Trust.
“With $27 billion dollars sloshing around, the American public should be on high alert for waste, fraud, and abuse,” Michael Chamberlain, director of Protect the Public’s Trust, said of his organization’s findings. “This is especially true in light of the incestuous associations of Washington’s regulators and prominent environmental special interests, the revolving door at EPA whirring fast enough to power a small city, and the seemingly never-ending incidents of lax ethics enforcement PPT has exposed at agencies such as EPA and the Department of Energy (DOE).”