Green Energy has always been about the graft (UPDATED)
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Biden-Harris Admin Races To Dish Out $25 Billion for Green Energy Before Trump Takes Office, Sparking Fraud Fears
The Biden administration is in a hurry to finalize more than a dozen green energy loans worth more than $25 billion before President-elect Donald Trump takes office in mid-January—a frantic effort that lawmakers and industry officials are warning could lead to fraud and abuse of taxpayer money.
Through the Department of Energy's Loan Programs Office, the administration is working to finalize a total of 16 pending loans worth a total of $25.1 billion, a Washington Free Beacon analysis found. Those loans figure to be in serious jeopardy—Trump repeatedly vowed to "terminate" green energy spending on the campaign trail—and, in recent weeks, Biden officials have picked up the pace finalizing pending commitments.
Over the last two months, the Loan Programs Office closed on seven loans worth $5.9 billion, including two that were closed after the election. Those two loans went to EV battery component plants in Michigan and New York. By comparison, the office closed on five loans worth $6.5 billion during the prior 27 months.
The quick pace carries risks, Senate Energy and Natural Resources Committee ranking member John Barrasso (R., Wyo.) and House Energy and Commerce Committee chairwoman Cathy McMorris Rodgers (R., Wash.) told the Free Beacon.
"Now that the election is over, the Biden administration wants to triple the amount of money passed out to politically connected firms," Barrasso said. "Congress and the incoming Trump administration will act to ensure taxpayer dollars aren’t wasted on insider payoffs and green pipe dreams."
"President Biden’s Department of Energy is rushing billions of dollars out the door as a last-ditch effort to advance its failing rush-to-green agenda," added McMorris Rodgers. "This effort only increases the risk for Solyndra style waste and abuse—which is why the administration should immediately end its reckless spending spree."
Of course, the global warming profiteers are not just in the United States. Yesterday, the deserving poor of the world managed to extract a promise from developed (western) countries to loot their people and hand over $300 billion a year so that these petty crooks can replenish their Swiss bank accounts. The thieves had initially and indignantly demanded $1.2 trillion, so I’m sure our betters will announce the latest holdup as a victory for the people who’ll be paying this money. Hooray for Robin Hood.
Cop29 signs off $300bn climate deal after poorer nations stage walk-out
UPDATE: Someone agrees with me
Third-World Grifters Reject Climate Deal on Wealth Transfer
The Conference of the Parties(COP)29 ended in anger as the developing nations rejected an agreement by the wealthy nations that would have given the greedy little grifters $300 billion in funding for projects to combat climate change.
It's a "disaster," some of the representatives claimed. The $300 billion in aid would come "from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources."
Nigeria branded the deal "a joke." Ralph Regenvanu, envoy for the island nation of Vanuatu, stated: "The dollar amounts pledged and the emissions reductions promised are not enough. They were never going to be enough. And even then, based on our experience with such pledges in the past, we know they will not be fulfilled."
Regenvanu has figured it out. The industrial West is not going to give a blank check to third-world kleptocrats without strings attached.
That's exactly what the developing nations and their NGO lobbyists wanted. They're angry because their demands for yearly $1.3 trillion in no-strings-attached grants were rejected.
That's $11 trillion over the next decade. And we're not supposed to ask what they're going to use it for.
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“We are disappointed with the outcome, which clearly brings out the unwillingness of developed-country parties to live up to their responsibilities." India’s Chandni Raina added, “India does not accept the goal proposal in its present form.… The goal is too little, it is too distant. It is 2035, too far gone.”
India has the third-largest carbon footprint of any nation on Earth. They are the fifth richest country by GDP. What are they showing up at COP29 with their hand out for?
India is acting as if it's still a developing country. They can get away with it because the definition of "developing country" hasn't changed since 1992 when the first COP was held.
…. The election of Donald Trump has thrown the entire climate change industry into chaos.
“I’m not sure we will have a better situation next year because of the geopolitical situation,” said Ana Toni, the climate negotiator for Brazil. Brazil will host COP30 next year.
Trump is right to reject the entreaties of these grifters. The Climate Action Network (CAN), which represents more than 1,900 organizations in 130 countries — all in line to receive a healthy slice of that funding — is beside themselves.
CAN executive director Tasneem Essop could barely hold back the tears.
“This has been the most horrendous climate negotiations in years due to the bad faith of developed countries. This was meant to be the finance COP, but the Global North turned up with a plan to betray the Global South."
