‘Green Banks’ With Ties to Biden to Win Big From Taxpayers
- October 18, 2023
Staff, Real Clear Energy
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.