WRITTEN BY JEROME CORSI ON AUG 12, 2022. POSTED IN LATEST NEWS
Another Dem President Wastes Taxpayer Dollars On Useless Green Boondoggles
solyndra obama visitThis past week, the Senate passed the Biden administration’s “Inflation Reduction Act,” which includes $368 billion for green-energy spending targeted to reduce CO2 emissions by 40 percent by 2030, a move that will almost certainly increase inflation.
In a repeat of the renewable energy project failures that the Obama administration financed with federal grants and tax breaks, the Biden administration is betting more potentially inflationary deficit spending against the odds that renewable energy will be profitable this time. [bold, links added]
Ironically, on September 4, 2009, then-Vice President Joe Biden was the one who announced that the Department of Energy (DOE) had just finalized a $535 million loan guarantee for Solyndra, LLC.
https://climatechangedispatch.com/another-dem-president-wastes-taxpayer-dollars-on-useless-green-boondoggles/
