February 5, 2023
Clean Energy’s Dirty Little China Secret
Biden is trying to force America to transition from a global energy superpower into a supplicant to the PRC on our own dime. The new Congress must stop him.
by Victoria Coates
The U.S. Department of Energy has awarded a $200 million grant to electric vehicle battery manufacturer Microvast as part of its effort to promote green energy. But there’s a problem.
Ostensibly headquartered in Texas, Microvast actually manufactures most of its products and does the bulk of its business in the People’s Republic of China (PRC). The Houston office exists mainly to facilitate the receipt of “green energy” government subsidies.
Unfortunately, the Biden administration is willing to go along with this poorly disguised ruse. The myopic pursuit of cheap renewable energy sources is clearly more important to the administration than preventing American taxpayer dollars from going to the PRC, which will pocket them while simultaneously cornering an energy sector on which the United States may well become dependent, as Microvast may well be just the tip of this iceberg.
Biden’s Energy Department maintains that Microvast is really an American company and that the grants will help disentangle the company from Chinese supply chains and encourage the development of new technologies in the United States. But a simple Google search reveals that in 2017, chinabuses.org referred to Microvast as “the leading battery manufacturer in China.”
https://nationalinterest.org/feature/clean-energy%E2%80%99s-dirty-little-china-secret-206173
