The Biden administration has been busy at work championing ‘green energy’.
Despite the term, even a modest amount of research will show ‘green energy‘ to be anything but green, rather than relying on conventional fossil fuels, the mainstream ‘green energy’ industry essentially relies on mineral fuels.
The true standard for green energy is nuclear power, more specifically—nuclear fusion.
In its current state, the renewable energy industry represents one thing—a cash cow for the Democrat Party and its senior leadership, who all have sizable investments in these firms.
LanzaTech is one such firm that enjoys political privilege due to its vast network, and according to recent reports, the Biden administration has given LanzaTech roughly $10 million in grant money since last year…
These grants were received despite a potentially troubling relationship between LanzaTech and a Chinese energy firm known as Sinopec.
Sinopec and LanzaTech are so close that disclosures in an S.E.C. filing essentially state that the financial health and ultimate fate of LanzaTech are inexorably tied to Sinopec.
This is not the first time the Biden administration has been called out for its ties to Chinese energy companies…
Here’s more on the story:
And #Biden and his team are not helping the U.S. when their green energy efforts include not only money to LanzaTech but also a $200 million grant to Microvast, a lithium battery company operating mainly out of China.@FoxNews @NEWSMAX https://t.co/2c1NCzOtk0
— AAII (@ub2bad2) December 15, 2022
“Carbon capture company LanzaTech, federal spending disclosures show, has received more than $10 million in grant payments from the Biden administration since April 2021, when the company announced a partnership with Sinopec Capital” https://t.co/JGb8lGE03E
— 少城 (@shchengcity) December 15, 2022
The Washington Free Beacon noted:
LanzaTech’s partnership with Sinopec was not the first time the company aligned itself with a Beijing-run entity. In June 2018, LanzaTech entered into a joint venture with Chinese state-owned steel giant Shougang Group to build an ethanol plant in China’s Hubei province, one of the company’s three plants in the communist nation.
LanzaTech has also raised millions from CITIC Capital, a subsidiary of China’s largest state-run conglomerate.
Still, the company’s relationships with Beijing did not stop the Biden administration from sending LanzaTech millions of dollars for green energy projects such as “low-cost sustainable aviation fuel.”
LanzaTech has political ties to prominent Democrats. A Billionaire LanzaTech venture investor Vinod Khosla, chaired then-presidential candidate Barack Obama’s India policy team in 2008 + hosted a $32,400-per-head Democratic Party fundraiser which Obama personally attended.
— Nancy Higginbotham (@nlh1865) December 14, 2022
carbon capture company LanzaTech has received more than $10 million in grant payments from the Biden administration since April 2021.the clean energy investment arm of the Sinopec Group, a Chinese state-owned oil conglomerate also known as the China Petrochemical Corporation.
— Nancy Higginbotham (@nlh1865) December 14, 2022
According to Western Journal:
In an SEC filing on Nov. 14, LanzaTech admitted that “we are subject to the risk that the Chinese government may intervene or influence our operations at any time.”
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