A $400 Billion Clean Energy Program Is Racing to Get Money Out the Door. At the heart of the Biden’s efforts to advance clean energy is the DOE lending program. The administration is working to finalize as many loans as possible before Trump returns to the White House.

https://www.nytimes.com/2024/12/06/climate/energy-electric-car-batteries-trump.html

by mafco

2 comments
  1. Before the trolls arrive with their lies I would like to point out that these are loans, not handouts, to be repaid with interest. The DOE clean energy loans program has an excellent track record and has made a profit for taxpayers. One of its early successes was Tesla.

    Also worth keeping in mind – Trump’s nominee to head this program is an idiot who drank fracking fluid for a publicity stunt and says climate change is a hoax and CO2 pollution is good for us.

  2. If there’s anything to take from these rushes to get loans out, it’s to find ways to make these things quicker to begin with. While these projects take time and due diligence is needed, there are clearly processes that need to be re evaluated to help realize these goals quicker.

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