Barack Obama and Joe Biden, as presidents, played the same cons. They lied under the guise of energy programs. Millions of well-intended Americans were bamboozled by these actions.
In 2015, Citizens Against Government Waste released their revealing report. It spotlighted the mismanagement of government ARRA (see below) grants. The solar panel manufacturers involved were Solyndra and Abound Solar.
These companies filed for bankruptcy after receiving a total of $605 million through the Department of Energy’s Loan Guarantee Program.
The two companies are on a much longer list of government-subsidized failures. This list includes the battery recycling company Li-Cycle.
Li-Cycle received $475 million from Biden’s Department of Energy two days before the 2024 election. It suspended operations in May 2025.
These abuses of taxpayer funds to promote green or clean energy are problematic. They highlight the issue of crooked politicians promoting a political agenda without considering the financial consequences to public taxpayers.
Joe Biden signed into law the misnamed Inflation Reduction Act (IRA). The legislation was immediately touted as the largest investment ever in green energy.
It favored renewables over fossil and nuclear power as part of the administration’s Green New Deal agenda. However, it was not the first time the government picked winners and losers in the energy industry.
Obama’s American Recovery and Reinvestment Act of 2009 (ARRA) laid the groundwork for federal green energy spending. Like the IRA, it neglected to calculate the hidden costs that followed its adoption.
H.R. 1, the ‘One Big Beautiful Bill Act’, was passed by the House of Representatives on May 25, 2025. It took steps to rebalance spending on federal energy programs.
The bill eliminated hundreds of billions of dollars in green energy programs, including loans, grants, subsidies, and tax credits. These programs have been a breeding ground for waste, fraud, abuse, and mismanagement.
Fraud and abuse in other energy programs include a 2020 Treasury Inspector General for Tax Administration (TIGTA) report.
• The report found that 10 energy producers had failed to substantiate approximately $894 million for the 45Q tax credit. This credit is provided to companies that capture and store carbon dioxide (CO2) and other carbon oxides.
Claimants failed to submit the required verification. They needed this as proof that they captured any CO2.
• The Internal Revenue Service later confirmed that $531 million in these carbon capture tax credits were fraudulently claimed.
• One of the reasons for this substantial fraud is that carbon capture tax credits may encourage increased emissions. The more carbon a producer emits, the more federal money it can get.
The selectivity and complexity of renewable energy programs contribute to corruption and fraud.
• A May 2, 2024, Cato Institute article noted, “The tax credits complement other subsidies and blending requirements in the renewable fuel standards program. This creates a complex web of lucrative programs administered by multiple agencies. There is poor oversight and insufficient interagency cooperation.”
• An April 2023 TIGTA report uncovered a biofuel tax credit fraud scheme. Through this scheme, more than $500 million was stolen from taxpayers.
With many available and well-established energy sources, there is little reason for the federal government to manipulate the market by establishing preferences for a particular type of energy, especially given the growing need for data centers to support artificial intelligence.
Localities should be allowed to use the energy source that suits them.
Tax and spending programs that prioritize specific energy sources should be phased out, which is being done in the House version of the One Big Beautiful Bill. That will save money and stop the government from picking winners and losers in the energy industry.
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By award-winning Texas author Cynthia Leal Massey.
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Clever Journeys 
No wonder they are howling. They thought they had us, hooked for good. I think they are truly surprised that they are being found out, yes?
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Yes, it keeps getting better.
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Not just the United States all over the world. I won’t forget Trump annoucing at the WEF via satellite the green energy deal is dead. Absolutely priceless. Kerry and Gore must have conniption up hearing that haha.
I’m still waiting for the great ice age of 2000 this was taught in school in the 1970’s. Followed by acid rain of the 1980’s. Weren’t we suppose to run out of gas in 10 years. This was drilled into the school cirriculum. Ozone layer gone. Graduating from global warming to a friendly alternative climate change. During the coldest winters when the polar vortex would lock itself in for weeks on North America so much for that analogy.
Excellent reporting and a great reminder of the green (color of money) scam
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Right on! Good to see others remembering history the same as it actually occurred. Thanks
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