The Energy Department is being accused of partisan opposition in the dispersing of $43 billion in low-interest loans for clean energy projects, reports The New York Times.
“We’re searching high and low all over Washington, D.C., for money to put people back to work and here we have more than $40 billion,” said Dan Reicher, executive director of the Steyer-Taylor Center for Energy Policy and Finance at Stanford University.
The bulk of the money, about $24 billion, is in the Title XVII loan program that was authorized in 2005 to support the deployment of large projects that avoid, reduce or sequester planet-warming emissions.
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