Biden sends millions of taxpayer dollars to a Chinese Renewable Energy Company

Biden Administration Reportedly Funneling Millions to China Backed Renewable Energy Company

LanzaTech rakes in taxpayer funds despite tight relationship with China-run energy giant Sinopec

President Joe Biden’s Energy Department reportedly channeled millions of dollars to a green energy company in the months following its partnership with a Chinese state-owned enterprise that the company recognizes might face devastating sanctions.

According to federal spending disclosures, carbon capture company LanzaTech (LanzaTech has political ties to prominent Democrats) has received more than $10 million in grant payments from the Biden administration since April 2021.

At the same time the company announced a partnership with Sinopec Capital—the clean energy investment arm of the Sinopec Group, a Chinese state-owned oil conglomerate also known as the China Petrochemical Corporation.

For Arkansas Republican senator Tom Cotton, Biden's support for companies such as LanzaTech shows that the Democrat's "green energy agenda is stamped with the words 'made in China.'"

"Instead of handing millions of taxpayer dollars to a Chinese-backed company, the president should be encouraging American energy production and American energy independence," Cotton told the Free Beacon.

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