Biden’s DOE Disappears When Asked to Explain How to Give Billions to CCP-Linked Companies | wayne dupree

The U.S. House Oversight and Investigations Subcommittee has launched an investigation into why Biden’s Department of Energy (DOE) is awarding hundreds of millions of dollars to organizations that allegedly ties to the Chinese Communist Party. The investigation is investigating how these organizations may benefit from the grants and whether any of these organizations pose a risk to US national security interests. The awarding of the grant has raised question marks among some U.S. lawmakers and citizens, especially at a time when tensions between the two nations are heightened.

This Monday, the DOE decided to revoke a $200 million grant previously given to Microvast Holdings, a company directly under the direction and control of the Chinese Communist Party.

Although they were invited, DOE officials were not present at the hearing, missing the opportunity to speak on the nine-figure reversal. This has left many wondering if the DOE will address the issue in due course or simply avoid the topic. As the audience awaits their response, it is clear that the absence of DOE officials has prevented the hearing from gaining a full and balanced perspective.

“In light of this development, the Department’s reluctance to participate in the hearing is even more troubling. receive other problematic awards and only decided not to proceed with this after our consideration by Congress,” she said.

She said, “We can’t be energy secure if we’re at the mercy of our adversaries,” before juxtaposing the Biden administration’s goal of running America entirely on renewables with hegemony. China’s total in this sector of the manufacturing industry. A conflict that could make China the benefactor of American renewable energy policy.

She cited a recent International Energy Agency assessment that demonstrated China’s total dominance in the production of electric car batteries. The research claims that after mining, China “dominates” all subsequent stages of production, holding between 50 and 75 percent market share in all but one battery component manufacturing category.

Comments and research point to the possibility that China’s dominance in the industry was further cemented with the $200 million prize for Microvast, an electric vehicle battery technology company.

During the hearing, McMorris Rodgers pointed out that “China also has 97% of the world’s solar wafer capacity.”

Before concluding her remarks, she said, “The Department of Energy refuses to be transparent to the American people, who deserve every assurance that their tax money is not flowing to China. It also refuses to be transparent to this committee.”

McMorris Rodgers criticized DOE officials on Twitter after the meeting, writing, “They have consistently refused to come to our hearing and answer why this decision was made in the first place.”