Here’s How One Reporter Exposed The Left’s $20 Billion Climate Slush FundMichael Bastasch
DCNF Editor-In-Chief
March 05, 2025 1:25 PM ET
The Environmental Protection Agency (EPA) — yes, the agency that’s supposed to make sure the air and water is clean — has been caught red-handed in what, at least on the outside, looks like one of the most brazen and high-dollar left-wing political payouts of the century.
In what Trump EPA described in a letter to the agency inspector general’s office as “an unprecedented arrangement,” Biden-era bureaucrats used private Citibank bank accounts to squirrel away $20 billion in taxpayer funds — that’s right, billion with a “b” — much of which is earmarked for lefty “pass-through” organizations the agency itself determined “lacked basic financial competency.”
This $20 billion was ostensibly meant for “green banks” to finance all sorts of nice-sounding “climate justice” and green energy projects — but instead it steered billions upon billions to groups deeply tied into the Democratic Party machinery.
For instance, the current and former chairmen of one of the pass-throughs, called the Coalition for Green Capital (CGC), are both Democratic Party donors, each cutting sizable checks to Kamala Harris’ ill-fated 2024 run. CGC was on track to get $5 billion from Biden’s EPA.
In another case, a left-wing consortium tied to Stacey Abrams’s voter mobilization group was awarded $2 billion. In its letter to the IG, Trump’s EPA noted the former administration itself determined these groups “lacked basic financial competency,” but earmarked the cash anyway.
So, here we have billions in taxpayer funds being directed to Democratic insiders and donors — paging DOGE! No wonder bureaucrats shoveled this money into a seemingly untouchable Citibank account in the waning days of the Biden administration.
One former Biden EPA official was reportedly caught on tape gleefully comparing it to “tossing gold bars off the Titanic.”
Taken together, this looks like the left-wing political payout of the century. Rarely is rank political patronage so nakedly on display.
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https://dailycaller.com/2025/03/05/opinion-heres-how-one-reporter-exposed-the-lefts-20-billion-climate-slush-fund-bastasch/
