Reason Magazine
•Technology
Technology
Biden rushed out billions for green energy projects before Trump took office
71% Informative
Joe Biden administration officials rushed to approve as many projects as possible before incoming President Donald Trump could get his hands on it.
The Department of Energy's Loan Programs Office announced a $6.57 billion loan to Rivian , a luxury electric vehicle manufacturer, to finish construction on its new factory in Georgia .
The accelerated timeline also increases the likelihood that some of these deals, perhaps undertaken in haste, will prove poor investments.
VR Score
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78
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English
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