Recent research revealed that some “green banks” with links to the Biden administration will likely benefit from taxpayer money through several EPA programs, the Daily Caller reported.
According to research from Protect the Public’s Trust, the EPA’s Greenhouse Gas Reduction Fund, which offers several programs, like the Clean Communities Investment Accelerator, Solar for All, and the National Clean Investment Fund, will be distributing $27 billion, most of it to banks that finance green energy projects.
Some of the possible recipients have officials and board members with previous connections to the Biden administration and the former Obama administration, the research found.
According to Protect the Public Trust’s director Michael Chamberlain, given the “incestuous associations” between prominent environmental groups and regulators in Washington, the public “should be on high alert” for possible waste, fraud, and abuse.
The research found that CEO Trisha Miller of the DC Green Bank previously served as a senior director with the White House Domestic Climate Policy Office. DC Green Bank’s board member Deborah Loomis is currently a senior advisor to the Secretary of the Navy for Climate Change.
The chairman of the board of the bank, Brandi Colander, was formerly a deputy assistant secretary in the Obama Interior Department and also served as deputy general counsel for the Obama White House Council on Environmental Quality.
Jon Monger, a board member for Montgomery County Green Bank in Maryland, formerly worked at the EPA as an assistant deputy administrator.
In a statement to the Daily Caller, Montgomery County Green Bank confirmed that it applied for funding through the Greenhouse Gas Reduction Fund but insisted that there are procedures in place to ensure there is no “undue influence” or “conflicts of interest.”
A spokesperson for the EPA told the Daily Caller that applications submitted for funding through the Greenhouse Gas Reduction Fund are “put through a rigorous evaluation and selection process” to ensure that the funds remain “fair and impartial.”