The Department of Energy recently announced it’s eliminating more than $83 billion in what it called “Green New Scam” loans and conditional commitments made through the Loans Programs Office during the Biden administration.
The Trump administration has tried to roll back funding the Biden administration rushed out the door in its final months.
Democracy Restored, a nonprofit government watchdog, calculated that following former President Joe Biden’s disastrous debate with now-President Donald Trump on June 27, 2024, the Biden administration began rushing billions out the door to more than a dozen environmental and climate-focused NGOs, including the Alliance for Sustainable Energy, Climate United Fund, the Ocean Conservancy, the Nature Conservancy, and Rocky Mountain Institute.
Using data from USASpending.gov, Democracy Resorted found that federal agencies had obligated more than $600 million in taxpayer money to these organizations since July 1, 2024. The obligations began to drop the day after the election. Obligations to these same organizations since Nov. 5, 2024 fell to $246 million.
While various agencies were providing millions in support to these organizations, high-level officials within the agencies either went to work for them after Trump took office, or they had previously worked for them prior to assuming key roles at the agencies under Biden.