In August, the Environmental Protection Agency (EPA) will require billions of dollars in taxes from left-wing nonprofit whose CEO is committed to “ending” carbon-emitting companies and leading the U.S. to a “world-leading mission” with China. I asked. The Communist Party (CCP) will phase out fossil fuels.
“Together with China, we are committed to a world-leading mission to change the way everything in society is organized, heated and lit, air-conditioned and transported. Or so we hope.” said the CEO of the Green for Green Coalition. Reid Hund of Capital (CGC) said this at CGC. webinar A lecture held on Aug. 23 outlined how nonprofits plan to use the huge grant money. A week before the webinar, the EPA awarded CGC a $5.1 billion grant under the Inflation Reduction Act (IRA) Greenhouse Gas Reduction Fund, a program run by Republican lawmakers. warned They may provide funding to companies with ties to the Chinese Communist Party.
Mr. Hundt, who is also a co-founder of CGC, is a longtime ally of former Vice President Al Gore and frequently works with him. donate To the Democratic candidate. Wednesday, Hund attended Gore headlined a Harris Action Fund event in Washington, D.C. (Related: List of candidates for EPA’s multibillion-dollar ‘green’ fund includes groups with deep ties to Biden administration and Democratic Party)
according to tax filing When CGC filed for calendar year 2022, the nonprofit had just under $2 million left in its bank account. of The EPA’s inspector general warned that the program is in addition to the IRA’s $3 billion Environmental and Climate Justice Block Grant. regulations The risk of waste, fraud and abuse of tax dollars is increasing.
EPA states that “$27 billion, or 65%, of the agency’s $41.5 billion in IRA funding for the Greenhouse Gas Reduction Fund has already been disbursed, and approximately 85% of all IRA disbursements will be obligated by the end of fiscal year 2026. ”. Inspector General Sean O’Donnell wrote: testimony Submitted to the House Energy, Commerce and Environment Subcommittee in advance of oversight on September 19th. hearing Under EPA’s Greenhouse Gas Reduction Fund. “This pace of spending not only increases the risk of fraud, but also increases the urgency of oversight.” (Related article: The Good, the Bad and the Ugly: Biden’s climate change bill turns two years old).
The IRA was passed on a party-line vote by Democrats, with Vice President Kamala Harris seconding it. cast Notably, the tie vote did not provide funding for the EPA Inspector General to oversee the $41.5 billion given to the agency.
During the CGC period webinarHund also suggested that climate cooperation will be central to the Biden administration’s relationship with China. According to the CGC presentation slidethe real US-China conflict is “leading the race from carbon to cleanliness.”
House Republicans have expressed concern that the IRA’s green energy investments could benefit China and increase the United States’ energy dependence on Communist China.. According to a recent Heritage Foundation reportChina accounts for 80% of its capacity to produce solar power components and refining cobalt, a key component used in the production of electric vehicle batteries.
“The Biden-Harris administration’s ‘green rush’ policy is lining the pockets of China, the world’s leading emitter, without any oversight. It is dangerous and unacceptable. We must ensure that our tax dollars are not used to support China, a threat to human rights, the environment, and national security that is key to reducing emissions and unlocking America’s energy advantage. is innovation, not regulation,” Republican Rep. Buddy Carter of Georgia, chairman of the House Energy, Commerce and Environment Subcommittee, said in a statement to the Daily Caller News Foundation.
meanwhile, webinar, Hundt also appears to be calling for an end to the entire U.S. fossil fuel industry. According to Bureau of Labor StatisticsAs of August 2024, more than 500,000 Americans are employed in the fossil fuel industry.
“All the companies and buildings that burn carbon, whether it’s oil, gas or coal, have to move from a carbon platform to a clean power platform. They have to change. They have to change. If they don’t change, they have to end it,” Hund said. “We need a very quick transition from carbon to clean. Time is short.”
another slide Hund’s presentation argues that fossil fuels are “poisoning the planet and distorting our democracy.”
West Virginia Democratic Sen. Joe Manchin, who helped draft the IRA, has consistently said: defended Despite the EPA’s decision to give billions of tax dollars to nonprofits like CGC that advocate for the abolition of the coal and natural gas industries, the Climate Change Act takes an “all of the above” approach to energy. It is said that there are. (Related: Biden administration donates $600 million to activist groups, universities for ‘environmental justice’)
Manchin’s office did not respond to DCNF’s request for comment.
EPA declined DCNF’s request for comment. CGC did not respond to requests for comment.
On August 16, the EPA announced The agency will oblige selected award recipients to pay the full $27 billion, and if Republicans keep the House and retake the president and the Senate in November, future Republican trifecta will receive billions through the budget reconciliation process. effectively denying the dollar any chance of getting its funds back.
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