Biden’s Energy Loan Czar Gave Green Companies Billions. Now He’s Working tso Move Them Overseas.
14th May 2025
President Joe Biden’s energy loan czar gave out billions to green energy companies. Now, he’s trying to help them to leave the United States and seek subsidies from European governments.
Jigar Shah, the former director of the Department of Energy’s Loan Programs Office, has been “talking to officials in Brussels about re-domiciling companies in Europe,” Bloomberg reported this week.
Shah has reportedly started working with “many of the companies that benefited from Biden-era programs [that] are now looking to shift all or part of their business outside the US.”