White House Accused of Fossil Fuel Funding
This is a US news story, published by MailOnline, that relates primarily to EPA news.
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green energyMailOnline
•Report claims Biden-Harris admin let EPA fund 'radical, left-leaning'
86% Informative
The Biden-Harris Administration has been slammed for giving $41 billion to fund nonprofits that 'spread radical, left-leaning ideology' to eliminate fossil fuels.
A new report blasted the White House for subsidizing a shift to green energy tech 'which relies upon supply chains dominated by the Chinese Communist Party ,' although financial analysts who cover the US energy sector dispute those claims.
Republicans overseeing the House Energy and Commerce Committee zeroed in the what they called a lack of oversight within the EPA to ensure that the $41.5 billion in nonprofit grants funded by the IRA were properly used.
'They will continue to grow no matter what,' he told CNBC . 'It's a question of speed.' Nevertheless, the $41.5 billion in EPA grants does mark a dramatic increase to the environmental watchdog's ability to deputize nonprofits in its mission..
VR Score
88
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88
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English
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