Terrel L. Shields
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EPA Chief Launches Offensive to Reclaim Billions in Climate Finance | OilPrice.com
The U.S. Environmental Protection Agency has launched an investigation into the distribution of $20 billion in climate funding approved by the previous administration, alleging potential irregularities in the disbursement process.
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Back in December, Project Veritas filmed an EPA official who said that the agency was in a rush to distribute billions of dollars to climate change organizations before Donald Trump took office. “Get the money out as fast as possible before they [Trump Administration] come in ... it’s like we’re on the Titanic and we’re throwing gold bars off the edge.” the official said.
To that, EPA’s new head Lee Zeldin had this to say on X: “My team at the EPA has found the gold bars,” he said. “Shockingly, $20 billion of your tax dollars were parked at an outside financial institution by the Biden EPA. The scheme was the first of its kind in EPA history and it was purposely designed to obligate all of the money in a rush job with reduced oversight.”
“This pot of $20 billion dollars was awarded to just eight entities that were then responsible for doling out your money to NGOs and others at their discretion with far less transparency. Some $7 billion of these dollars were sent to an entity called the Climate United Fund,” the head of the EPA said.
Zeldin went on to say that the Environmental Protection Agency will terminate its contract with the bank charged with overseeing the Biden admin’s climate finance program. Zeldin emphasized there was zero reason to suspect any wrongdoing on the part of the bank but said that “The bank must immediately return all of the gold bars that the Biden administration tossed off the Titanic.”
