Biden Team Pumped $100 Billion Into NGOs, Green Energy Scams After Trump Win – Watts Up With That?

From Legal Insurrection

Posted by Leslie Eastman

While determining the biggest loser in the Biden administration was challenging, it will be equally challenging to name the most effective and competent official in the current Trump administration.

Energy Secretary Chris Wright is undoubtedly a strong contender for this designation. He has been busy untangling the web of climate cult financing. He has discovered that in the final weeks of the Biden administration, the U.S. Department of Energy (DOE) accelerated the allocation of nearly $100 billion in green energy loans and commitments.

He reviewed the numbers while being interviewed by Maria Bartiromo on Fox Business. Wright noted that the $100 billion far exceeded the total amount the DOE’s Loan Programs Office (LPO) lent in the previous 15 years (about $42 billion).

…Let me repeat about a little over $40 billion was supplied in support through the loan program office in its 15 years of existence. A little over 40 billion and then almost a hundred billion in the 76 days after they lost the election and before President Trump’s inauguration.

Like if those were great ideas that were benefit to the America, why didn’t they do it in the two and a half years after the inflation reduction act was passed? What did they wait till they lost the election? They changed terms and loan covenants. They basically tried to set bombs to make it hard for us to unwind the mess they’d created.

That’s just not a responsible way to treat American taxpayer money and to move our energy system forward. So, yes, we’ve stepped into a lot of mess, but this stuff’s all fixable. We’ve got an aggressive team going after it. And you see already American energy prices are down. investments in America to bring jobs back are up. So, I think we’re going the right direction. But, yeah, we’ve got a lot to clean out.

During the interview with Bartiromo, Wright also stressed that the Trump administration supports the development of other energy sources besides solar and wind.

Well, the great news is all we really have to do is undo all the wrongheaded policies of the last administration. You know, they came in saying they promised they were going to get rid of fossil fuels. Well, they were a little over 80% of American energy when they were elected and they were a little over 80% of American energy when they left.

The thing they did do was make them all more expensive. And they did that by just getting policies to get in the way of the commercial production of energy. So we’re clearing out a lot of that underbrush to make it easier, reppering natural gas export terminals, common sense permitting and regulation on building pipelines.

We’re going to give a help and a nudge to kickstart nuclear energy in the United States. Again, very excited about that. Geothermal is a new emerging technology, but we’ll end this sort of obsession with only wind, solar, and batteries that are still less than 4% of American energy. But they were all in on just that tiny little quadrant of the energy sector.

All of this sounds great, but I share Bartiromo’s concerns about getting policies codified in Congress…in the event climate cultists get their hands on America’s treasury again.

Wright’s response was less clear, but it indicates that meaningful reforms should be passed during this term.

I would say there’s great interest in Congress to make long-term structural fixes. On the news, you hear a lot about what we’re doing in the short run because that’s moving fast. There’s also at least as much effort on these long-term structural codifications you just mentioned. So, you know, no specifics yet.

Nothing has been passed through Congress of meaning, but you’re going to see meaningful changes to our laws some this year and you will see it steadfast throughout this term. We will not be able to go back to the lunacy we arrived in whenever the Democrats come back to power. I think there’ll be some meaningful checks on the lunacy that can return.

Efficient and affordable energy is the lifeblood of the American economy. If Wright can claw back this money and remove regulatory blogs on nuclear and fossil fuel development, he will be a contender for the Top Trump Pick among the current crop of administrators and agency heads.

The full interview is here: