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2022-12-12 -Lurid Crime Tales-

‘Endangering Our National Security': Senator Launches Inquiry Into Biden's $200M Grant to China-Based Battery Company

[Free Beacon] The top Republican on the Senate energy committee launched an inquiry on Wednesday into a Biden administration grant to a China-based battery company under scrutiny from U.S. financial regulators. The announcement came in the wake of a Washington Free Beacon report about the Biden administration's attempt to spin the grant as a boon for American-made clean energy.

Sen. John Barrasso (R., Wyo.), the ranking member of the Senate Energy and Natural Resources Committee, said the Department of Energy’s grant to Microvast Holding "endangers our national security" and "undermine[s] the United States’ position in its race against China for technological supremacy," in a letter to DOE secretary Jennifer Granholm on Wednesday.

The inquiry comes after the DOE gave the $200 million award to Microvast, a holding company that operates primarily in China, to build a lithium-ion battery separator facility in Tennessee, the Free Beacon reported on Tuesday. Granholm said the funding, which came from the Bipartisan Infrastructure Law, would help "supercharge the private sector to ensure our clean energy future is American-made."

Barrasso asked Granholm to turn over records detailing the "security review process" for companies receiving DOE funding, and the names of officials who are responsible for approving the payments.

"Microvast’s close relationship with China is no secret," wrote Barrasso. "I remind you that the Bipartisan Infrastructure Law was ostensibly intended to develop robust domestic manufacturing bases and supply chains free from the predations of the [People’s Republic of China]."

"DOE distributing $200 million in taxpayer funds to a company joined at the hip with China is demonstrably antithetical to the Bipartisan Infrastructure Law’s intent," he added.

Posted by Besoeker 2022-12-12 01:50|| || Front Page|| [19 views ] Top
File under: Commies

#1 I wish I could tell you I was shocked but it's kinda like par for the course these days, isn't it?

Posted by Abu Uluque 2022-12-12 13:40|| 2022-12-12 13:40|| Front Page Top

#2 Meanwhile the U.S. DOD is attempting to remove Chinese made products from the supply chain. And recommending blocking the use of TikTok by U.S. military personnel, civilians in general.
https://www.cisecurity.org/insights/blog/why-tiktok-is-the-latest-security-threat

Pertaining to the manufacturing of batteries, what are the risks related to product safety? Having to be fully dependent on their manufacturing abilities? What happens if China invades Taiwan? Any diplomatic disagreements with China could threat our ability to import batteries or rare earth materials used in manufacturing given the pressure Washington is pushing the U.S. into this E.V. world whether it is best for the country or not.
https://www.heritage.org/defense/commentary/americas-national-security-dependent-critical-rare-earth-minerals-and-worse

Posted by Delphi 2022-12-12 21:09|| 2022-12-12 21:09|| Front Page Top

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