Energy Inspector General Warns Again of Risk in Green Loans Program

The Department of Energy’s rush to fund new green energy projects before the end of President Joe Biden’s presidency has met renewed criticism from the Department of Energy inspector general.
In a Dec. 17 interim finding, Inspector General Teri Donaldson warned that $385 billion in new money made available by the Inflation Reduction Act and related bills is being administered without adequate safeguards against organizational conflicts of interest.
“This poses a significant risk of fraud, waste, and abuse,” the memorandum states.
A Department of Energy spokesperson told The Epoch Times via email that the memorandum chastising the department’s Loan Programs Office (LPO) was riddled with errors….