{"id":1602,"date":"2023-03-01T17:53:20","date_gmt":"2023-03-01T22:53:20","guid":{"rendered":"https:\/\/nakedpolitics.net\/?p=1602"},"modified":"2023-03-01T17:53:20","modified_gmt":"2023-03-01T22:53:20","slug":"how-bidens-green-energy-economy-is-benefiting-left-wing-billionaires","status":"publish","type":"post","link":"https:\/\/nakedpolitics.net\/?p=1602","title":{"rendered":"How Biden&#8217;s &#8216;Green Energy Economy&#8217; is Benefiting Left-Wing Billionaires"},"content":{"rendered":"\n<p>President Joe Biden&#8217;s taxpayer-funded push to build a &#8220;clean energy economy&#8221; is benefiting the left&#8217;s most prominent billionaire megadonors, including Bill Gates and Laurene Powell Jobs, a\u00a0<em>Washington Free Beacon<\/em>\u00a0analysis found.<\/p>\n\n\n\n<p>Biden&#8217;s Energy Department has in the last two months announced nearly $3 billion in loans to two electric battery companies,\u00a0<a href=\"https:\/\/www.energy.gov\/lpo\/articles\/lpo-offers-conditional-commitment-redwood-materials-produce-critical-electric-vehicle\">Redwood Materials<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.energy.gov\/lpo\/articles\/lpo-announces-conditional-commitment-ioneer-rhyolite-ridge-advance-domestic-production\">Ioneer<\/a>, which are backed by seed funding from Gates, Jobs, and other left-wing billionaires. Now those billionaires, who have poured millions into the effort to win Democrats power in Washington, are likely set to see a handsome profit from their initial investment. Ioneer, for example, won a $700 million loan from Biden and saw its stock price increase by 33 percent after the announcement.<\/p>\n\n\n\n<p>Continued Article: <a href=\"https:\/\/freebeacon.com\/energy\/the-winners-of-bidens-clean-energy-economy-emerge-liberal-billionaires\/\">https:\/\/freebeacon.com\/energy\/the-winners-of-bidens-clean-energy-economy-emerge-liberal-billionaires\/<\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/winred.tomcotton.com\/tom-cotton\/claim-yours-ots-fbeacon-ads-30?utm_source=rc&amp;utm_medium=fbeaconads&amp;utm_campaign=2023marchots\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden&#8217;s taxpayer-funded push to build a &#8220;clean energy economy&#8221; is benefiting the left&#8217;s most prominent billionaire megadonors, including Bill Gates and Laurene Powell Jobs, a\u00a0Washington Free Beacon\u00a0analysis found. Biden&#8217;s Energy Department has in the last two months announced nearly $3 billion in loans to two electric battery companies,\u00a0Redwood Materials\u00a0and\u00a0Ioneer, which are backed by seed funding from Gates, Jobs, and other left-wing billionaires. Now those billionaires, who have poured millions into the effort to win Democrats power in Washington, [&hellip;]<\/p>\n","protected":false},"author":85,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1602","post","type-post","status-publish","format-standard","hentry","category-economy"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=\/wp\/v2\/posts\/1602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=\/wp\/v2\/users\/85"}],"replies":[{"embeddable":true,"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1602"}],"version-history":[{"count":1,"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=\/wp\/v2\/posts\/1602\/revisions"}],"predecessor-version":[{"id":1603,"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=\/wp\/v2\/posts\/1602\/revisions\/1603"}],"wp:attachment":[{"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nakedpolitics.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}