Unleashing a shocking $100 million plan, Kamala Harris spearheads the Biden administration’s reckless mission to force renewable energy onto the Caribbean islands, while vital issues go ignored. Taxpayers will bear the burden of this costly agenda, reaching an unimaginable $1 trillion. Brace yourselves for the details of this audacious assault on our economy!
The United States Agency for International Development (USAID) has announced Vice President Kamala Harris’s plan to spend a staggering $100 million of taxpayer money on a renewable energy transition in the Caribbean. Harris revealed this scheme during her trip to the Bahamas, outlining a massive aid package for the region, with $20 million earmarked for transitioning to renewable energy and addressing climate change impacts.
To facilitate the energy transition, USAID plans to provide $20 million in funding to companies, supporting them with financial and technical assistance, as well as business development services through the Caribbean Climate Investment Program. The program aims to increase energy efficiency and accelerate the adoption of renewable energy sources.
In addition to financial aid, the initiative will establish the Blue-Green Investment Corporation, which will collaborate with Barbados, the Green Climate Fund, and private sector entities to create a “green bank.” The primary purpose of this bank will be to finance various projects, including climate-resilient housing, renewable energy initiatives, clean transportation, and water conservation. Initially focused on Barbados, the green bank’s scope will eventually expand to encompass other Caribbean countries.
Furthermore, the Biden administration plans to commit an extra $1.5 million to the Caribbean Community Climate Change Centre, an influential group in Belize providing informational and policy advisory services. This additional support demonstrates the administration’s dedication to promoting a shift towards renewable energy in the Caribbean region.
While the Biden administration champions this costly energy transition abroad, it conveniently neglects the adverse consequences for American taxpayers. By aggressively pursuing renewable energy and distancing itself from traditional energy resources like coal and fossil fuels, the administration is putting the burden on hardworking Americans.
Energy Secretary Jennifer Granholm has been vocal about the administration’s intentions, admitting that the nation’s heavy reliance on oil and fossil fuels will lead to price shocks. This admission serves as a stark reminder that taxpayers will inevitably bear the brunt of these costly policies.
Concerns arise regarding the financial implications of Biden’s energy agenda. Recent estimates suggest that climate-related provisions in the Inflation Reduction Act might cost taxpayers over $1 trillion. A model from the University of Pennsylvania Wharton School of Business projects that climate and energy provisions alone will accumulate costs of $1,045 billion over ten years (FY2023-2032). This immense financial burden should raise alarms about the feasibility and sustainability of such an audacious plan.
While Harris briefly discussed cracking down on gun trafficking during her visit to the Caribbean, it is clear that the administration’s focus lies elsewhere. Rather than addressing real and urgent issues, taxpayer dollars are being funneled into an unnecessary energy transition, prioritizing a political agenda over the needs of the American people.
In a disturbing turn of events, the Biden administration continues its costly and unnecessary push for green energy, leaving crucial issues unaddressed. While gun trafficking plagues the Caribbean, Harris and her cohorts prefer to divert taxpayer millions to a renewable energy takeover. Stand up and demand accountability for this wasteful and misguided agenda!