Posted on 12/14/2022 7:50:34 AM PST by Eleutheria5
Democrat President Joe Biden’s administration has funneled millions of dollars in taxpayer funds to a Chinese Communist Party-linked green energy company, according to reports.
Biden’s Department of Energy (DOE) gave millions in taxpayer-funded grants to the Beijing-backed carbon capture company LanzaTech.
The tax dollars were pumped into LanzaTech in the months after the company partnered with a Chinese state-owned entity.
The move comes despite the DOE acknowledging that the company could face business-crippling sanctions.
Since April 2021, LanzaTech has received more than $10 million in grant payments from the Biden admin, federal spending disclosures show.
Sinopec is a Chinese state-owned oil conglomerate also known as the China Petrochemical Corporation.
Sinopec is also linked to the president’s son, Hunter Biden, and has previously benefited from the Biden administration selling oil from the Strategic Petroleum Reserve.
Biden’s DOE gave LanzaTech massive taxpayer-funded grants to “debut an international market of new energy and new materials.”
LanzaTech has acknowledged in SEC disclosures that its association with Sinopec, which China has used to purchase oil from U.S.-sanctioned nations such as Russia and Iran, could jeopardize its bottom line, according to The Washington Free Beacon.
The company’s financial interactions with Sinopec and other Beijing-run entities, LanzaTech wrote in a November filing, could bring “complications” and “restrictions” should the United States or other nations implement “sanctions on certain Chinese individuals.”
That filing also notes “that the Chinese government may intervene or influence our operations at any time” and that LanzaTech may be unable to “protect our interests” in Chinese joint ventures “by nominating a non-Chinese director to the board of directors of any such joint venture.”
.....
(Excerpt) Read more at slaynews.com ...
It’s ok, they’re Democrats.
The Traitorjoe kakistocracy keeps giving aid and comfort to the domestic and foreign enemies of the United States.
Joe Biden IS an enemy of the United States.
As is the government of the United States.
Biden crime family = untouchable
BETCHA Biden got HIS 10%.....
We the People ordain and establish the Constitution of the United States, which is the form of government under which We the People also live as citizens.
It is many of the elected and appointed representatives within the form of government of We the People who have abused their constitutional authority, betrayed their oath of office, and given aid and comfort to the domestic and foreign enemies of the United States. These representatives need to be brought to justice within the form of government ordained and established by We the People.
Xi’s investment is a long term return.
You need a ‘puppy mask’ on Biden’s face for that picture - and two crying 6 year old girls in the background...
10% for the Big Guy.
“ We the People of the United States of America ARE the government.”
Not any longer.
The Government Class Oligarchy has taken full control. The people are now peasants.
Incorrect!
They are communists... You cannot cure brain cancer if you keep thinking it is a migraine headache...
If communists aren't shooting or stabbing each other in the back, they are scratching each other's back...
And we’ll continue to vote. As if it matters.
Sheesh.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.