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Skans
Yesterday 1:37 pm
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MR-7 » Today, 11:10 am » wrote: on that money. Didn't Obama do the same thing, the solar company went bankrupt, and the Chinese bought the equipment for pennies on the dollar.

Energy Secretary Chris Wright said on Friday that his agency plans to cut billions in grant funds for Biden-era loans as the Trump administration conducts a review of the department’s $400 billion clean energy investments, a decision that energy policy experts who spoke with the Daily Caller News Foundation cheered on.

Before leaving office, former President Joe Biden squeezed $25 billion into the Department of Energy’s (DOE) Loan Programs Office (LPO) for various projects, with the bulk of the funds going toward renewable energy development. Wright’s newly announced plans to review and cancel a majority of the loans has the backing of several energy policy experts who told the DCNF that the LPO has stripped cash from taxpayers and contributed to U.S. grid instability.
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‘Got To Go’: DOE To Cut Off Billions Of Dollars’ Worth Of Biden-Era Green Energy Projects
 
Electricity-producing windmills are like herpes.  They popped up over night.  Dotted the landscape with ugliness.  And, then more ugliness when the fins break, the bodies rust and corrode, and they stop working.  And, even more ugliness when the government has to pay companies to repair and replace beginning 3 days after a square mile of them start to break down.
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