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The true story behind the ‘gold bars’ at the heart of Trump’s biggest climate fight

  • Donnel Baird, a former Obama campaigner, was appointed to the board of the Coalition for Green Capital, which was chosen in April 2024 to receive about $5 billion from the Greenhouse Gas Reduction Fund.
  • BlocPower, founded by Baird, partnered with Ithaca, New York, to decarbonize 6,000 buildings but completed only a few projects, leading to the end of its partnership by 2022, according to local outlet WSKG.
  • The FBI and the Justice Department are investigating the Greenhouse Gas Reduction Fund for potential waste, fraud, or abuse of taxpayer funds.
  • Despite BlocPower's claims of impacting 5,000 families, a third-party study found that no metrics were established to evaluate the success of its green jobs program in New York City, as reported by Gothamist.
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Climate Depot broke the news in on Monday, March 24, 2025.
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