Outgoing lame-duck President Joe Biden and his administration seem to be doing everything they can to disrupt and obstruct the policy agenda of incoming President-elect Donald Trump and his administration.
That especially includes domestic energy production, and Biden’s Energy Department just doled out nearly $23 billion in loans for new “green” energy projects just days before heading out the door, according to the Daily Caller.
That is a big deal because Trump has been quite clear that his second administration will strongly disfavor the costly and inefficient “clean” and “renewable” energy production pushed by Biden, such as solar panels and windmills, and instead will heavily promote and expand the use and production of cheaper and more reliable energy sources like oil and natural gas.
Last-minute loans announced
In a Thursday press release, the Energy Department’s Loan Programs Office announced eight new “conditional commitments” under the department’s Energy Infrastructure Reinvestment (EIR) program that will total approximately $22.92 billion in federal loans. […]
— Read More: conservativeinstitute.org
