Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
- The Biden administration's Loan Programs Office is providing nearly $23 billion to utility companies for green energy projects in its final days, as reported by the Department of Energy.
- The conditional commitment includes $9 billion for DTE Electric and DTE Gas to develop green energy and replace gas lines, according to the Loan Programs Office.
- Alliance Energy and Pacificorp are also receiving significant loans to enhance their grid systems, reported on January 16, 2025.
- The loan offers may be difficult for President-elect Donald Trump to reverse due to binding commitments, according to The New York Times.
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Total News Sources0
Leaning Left1Leaning Right5Center5Last UpdatedBias Distribution45% Center, 45% Right
Bias Distribution
- 45% of the sources are Center, 45% of the sources lean Right
C 45%
R 46%
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