The Biden Energy Slush Fund
null By Kimberley A. StrasselNov. 23, 2023 12:16 pm ETJournal Editorial Report: The week’s best and worst from Kim Strassel, Kyle Peterson, Mary O'Grady and Dan Henninger. Images: AP/AFP/Getty Images/Reuters/Zuma Press Composite: Mark KellyWashington’s return from Thanksgiving break will feature another go-round on whether to provide vital aid to Israel and Ukraine, and how to pay for it. Here’s a thought: Ask Jigar Shah for a couple hundred billion. He’s got that and more—and is otherwise using it for political “investment.”Mr. Shah isn’t a household name—unless your household includes lobbyists, financiers or crony capitalists. Those are the clients of Mr. Shah’s fief, the revived Energy Department Loan Programs Office. Last humiliated a decade ago, it’s part of that crack DOE bureaucracy that bet on such green tech ventures as Abound (the failed solar company), Fisker Automotive (the failed electric-car maker) and A123 (the failed battery maker). “This announcement today” is about
Nov. 23, 2023 12:16 pm ET
Washington’s return from Thanksgiving break will feature another go-round on whether to provide vital aid to Israel and Ukraine, and how to pay for it. Here’s a thought: Ask Jigar Shah for a couple hundred billion. He’s got that and more—and is otherwise using it for political “investment.”
Mr. Shah isn’t a household name—unless your household includes lobbyists, financiers or crony capitalists. Those are the clients of Mr. Shah’s fief, the revived Energy Department Loan Programs Office. Last humiliated a decade ago, it’s part of that crack DOE bureaucracy that bet on such green tech ventures as Abound (the failed solar company), Fisker Automotive (the failed electric-car maker) and A123 (the failed battery maker). “This announcement today” is about “investing in the infrastructure and technology of the future,” crowed Vice President Biden in 2009, unveiling a $535 million DOE loan for a solar outfit he promised would power 500,000 homes and create 1,000 jobs. That outfit was Solyndra.
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About this article
Kimberley Strassel is a member of the editorial board for The Wall Street Journal. She writes editorials, as well as the weekly Potomac Watch political column, from her base in Alaska.
Ms. Strassel joined Dow Jones & Co. in 1994, working in the news department of The Wall Street Journal Europe in Brussels, and then in London. She moved to New York in 1999 and soon thereafter joined the Journal's editorial page, working as a features editor, and then as an editorial writer. She assumed her current position in 2005.
Ms. Strassel, a 2014 Bradley Prize recipient, is a regular contributor to Sunday political shows, including CBS's "Face the Nation," Fox News Sunday, and NBC's "Meet the Press." She is the author of "The Intimidation Game: How the Left Is Silencing Free Speech," which chronicles recent attacks on conservative nonprofits, businesses and donors.
An Oregon native, Ms. Strassel earned a bachelor's degree in Public Policy and International Affairs from Princeton University. She lives in Alaska with her three children.
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