The US House Oversight and Investigations Subcommittee is looking for solutions to why Biden’s Department of Energy is allocating loads of thousands and thousands of greenbacks in grant monies to firms with ties to the Chinese Communist Party.
The DOE decided previous this week to roll again a prior grant awarded within the sum of $200 million greenbacks to Microvast Holdings, an organization underneath the direct legislation and regulate of the Chinese Communist Party.
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Despite a call for participation to the listening to, DOE officers weren’t provide to remark at the nine-figure rollback.
“The Department’s refusal to take part within the listening to is much more relating to in gentle of this building. I’m involved that the Department could also be entertaining different problematic awards and simplest determined to not continue with this after our congressional scrutiny,” stated Eastern Washington Congresswoman Cathy McMorris Rodgers all the way through her opening. remarks within the listening to Tuesday.
“We cannot be energy secure if we are at the mercy of our adversaries,” she went on to mention ahead of contrasting the Biden management’s need for America to run on 100% renewable power with China’s absolute dominance in that production class. A dichotomy that would lead to America’s renewable power time table being beholden to China.
Her remarks referenced a up to date International Energy Agency reviews appearing that China is in whole regulate on the subject of battery production for electrical cars. Downstream of mining, the document states, China “dominates” each different step of the producing procedure, controlling 50 to 75% of the marketplace in each unmarried class of battery element production save one.
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The remarks and document punctuate the truth that the $200 million grant slated for Microvast, a battery era corporate for EVs, can have been spent on furthering China’s dominance within the box.
“China also possesses 97% of the world’s solar wafer capacity,” McMorris Rodgers highlighted all the way through the listening to.
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“The Department of Energy not only refused to provide transparency to this committee, but they’re refusing to be transparent to the American people, who deserve every assurance that their tax dollars are not being funneled to China,” she added ahead of the top of her observation.
After the listening to, McMorris took Rodgers to Twitter to lambast DOE officers, pronouncing, “They still refused to come to our hearing and answer for why this decision was made in the first place.”
Syndicated with permission from The Center Square,
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