They are also carting away as much of the border wall material as they can.
Back in the day, the Clinton staffers removed the "W" from typewriter keyboards ahead of the arrival of George W. Bush.
From Bloomberg via Yahoo Finance, December 13:
US President Joe Biden’s $400 billion green bank has just weeks to close billions of dollars in deals to finance green technology before handing the keys to the Trump administration.
The Energy Department’s Loan Programs Office (LPO) has provided crucial support for companies deploying first-of-its-kind technology and large projects that banks typically shy away from. Among other loans under Biden, LPO has made a record $9.2 billion offer to Ford Motor Co. to finance building three battery factories and provided $1.5 billion to Holtec International Corp. to restart a shuttered nuclear power plant.
Yet more than $40 billion in conditional commitments could be in jeopardy once President-elect Donald Trump takes office. Since the election, LPO has announced a $4.9 billion loan guarantee to renewables developer Invenergy LLC for a high-voltage transmission line project; a $6.6 billion conditional loan to Rivian Automotive Inc.; and a $7.5 billion loan for a joint venture between Samsung SDI Co. and Stellantis NV to create battery manufacturing plants in Indiana.
It’s still possible the Energy Department has time to close on those commitments, but it won't be easy, said Kennedy Nickerson, who formerly worked as a policy adviser in the Loan Programs Office.
“It would be very quick and relies on a heavily bureaucratic process running perfectly, but it’s possible,” said Nickerson, who now serves as a vice president at Capstone, a Washington-based research group. “The Biden administration recognizes the risk, and they are working hard to make the loan guarantees and loan agreements as airtight as possible” before Trump takes over.
When asked if the Energy Department had enough time to close on pending loans, Jigar Shah, the office’s director, said it was up to borrowers to complete the Energy Department’s rigorous vetting process.
“Right now, borrowers are sufficiently motivated to move more quickly then they have, probably a year ago,” he said. “It’s up to the borrowers. Our process hasn’t changed.”
During his first administration, Trump attempted to kill the program. This time, some in his inner circle want to eliminate or retool LPO to finance fossil fuels and other energy sources favored by Republicans....
....MUCH MORE
If interested see also:
February 2023
Big Money: "The $400 Billion Man Running America’s Clean Energy Transition"
No, not John Podesta, he only has $370 billion to dole out. (NYT, Sept 2, 2022)
October 2023
Takeaways From Tense Hearing On Department Of Energy Climate Spending