US EditionShovel Ready: Despite Warnings, Biden’s Energy Department Disbursed $42 Billion in Its Final Hours
- The Biden administration's Energy Department approved nearly $42 billion in green energy loans during its last two working days in January 2025.
- This rush followed Vice President Kamala Harris losing the 2024 election and happened despite warnings from the department's inspector general about conflicts of interest.
- Loans included $9.63 billion to Blue Oval SK in Kentucky, $705 million to California-based Zum Energy for Project Marigold, and a $1.2 billion conditional commitment to EnergySource Minerals LLC.
- Energy Secretary Chris Wright cautioned "there are reasons to be worried and suspicious" about the post-election spree and vowed some deals will be scrubbed due to lacking due diligence.
- The loans' hasty approval drew Trump administration scrutiny, spurring a review that aims to reorient the Loan Programs Office toward stricter safeguards and nuclear energy policy goals.
18 Articles
18 Articles
Biden’s Climate Legacy in Jeopardy as Trump Targets LPO Spending
In its last two working days, the Biden administration’s Energy Department signed off on nearly $42 billion for green energy projects – a sum that exceeded the total amount its Loan Programs Office (LPO) had put out in the past decade. The frenzied activity on Jan. 16 and 17, 2025, capped a spending binge that saw the LPO approve at least $93 billion in current and future disbursements after Vice President Kamala Harris lost the 2024 election in…
Shovel Ready: Despite Warnings, Biden’s Energy Department Disbursed $42 Billion In Its Final Hours
By James Varney, RealClearInvestigations | June 30, 2025 In its last two working days, the Biden administration’s Energy Department signed off on nearly $42 billion for green energy projects – a sum that exceeded the total amount its Loan Programs Office (LPO) had put out in the past decade. The frenzied activity on Jan. 16 and 17, 2025, capped a spending binge that saw the LPO approve at least $93 billion in current and future disbursements aft…
Biden Secretly Dilutes Guidelines to Pass Questionable Green Energy Loans - Real News Now
In its closing hours, the Biden administration’s Department of Energy hastily approved nearly $42 billion in deals for green energy projects. This was an unprecedented action, dwarfing the total sum that the Loan Programs Office (LPO) has distributed over the past ten years. The conspicuous rush of approvals on January 16 and 17, 2025, led to this immense payout, which amounted to more than $93 billion in existing and future funds. It appears th…
Commentary: Despite Warnings, Biden’s Energy Department Disbursed $42 Billion in Its Final Hours | July 1, 2025
In its last two working days, the Biden administration’s Energy Department signed off on nearly $42 billion for green energy projects – a sum that exceeded the total amount its Loan Programs Office (LPO) had put out in the past decade. The frenzied activity on Jan. 16 and 17, 2025, capped a spending binge that saw the LPO approve at least $93 billion in current and future disbursements after Vice President Kamala Harris lost the 2024 election in
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