Economist Warns: Biden's Clean Energy Fund is a Costly Scam

Economist Stephen Moore cautions that President Biden's $400 billion allocation to the green energy agenda is reminiscent of the Obama administration's failed Solyndra "scheme." Moore argues that Biden's plan, which is 10 times larger than Obama's, risks subsidizing solar and wind panel companies that may go bankrupt. He suggests cutting the allocation as it primarily benefits liberal groups. Additionally, Moore criticizes the push for electric vehicles (EVs), citing low demand and insufficient charging infrastructure. He also questions the effectiveness of climate change conferences, highlighting China's absence and the continued increase in carbon emissions despite massive spending on the climate change industrial complex.