Energy Dept. has Given Over $10 Million to Green Energy Company Connected to China ‘State-Owned Entity’

  • 📰 LegInsurrection
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 95%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

“Instead of handing millions of taxpayer dollars to a Chinese-backed company, the president should be encouraging American energy production and American energy independence”

One of the most troubling aspects of Biden’s presidency is his blind devotion to green energy. From day one, Biden has treated America’s energy policy like a problem that needed to be solved and only made things worse.

Now we are learning that much like the Obama administration, Biden is playing favorites with energy companies, and at least one of them has uncomfortable ties to China.Biden’s Energy Department Funnels Millions to Beijing-Backed Green Energy Company President Joe Biden’s Energy Department funneled millions of dollars to a green energy company in the months after the company partnered with a Chinese state-owned entity that it acknowledges could face business-crippling sanctions.

Carbon capture company LanzaTech, federal spending disclosures show, has received more than $10 million in grant payments from the Biden administration since April 2021, when the companya partnership with Sinopec Capital—the clean energy investment arm of the Sinopec Group, a Chinese state-owned oil conglomerate also known as the China Petrochemical Corporation—to “debut an international market of new energy and new materials.

LanzaTech’s partnership with Sinopec was not the first time the company aligned itself with a Beijing-run entity. In June 2018, LanzaTech

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama