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Hillary Clinton Bundlers Stand to Benefit from Pledged Green Energy Subsidies


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hillary-bundlers-stand-benefit-pledged-green-energy-subsidiesFree Beacon:

Investors in some of the nation’s most heavily subsidized green energy companies are among the top campaign fundraisers for Hillary Clinton, who has pledged to step up government support for wind, solar, and other renewable energy companies.

 

Clinton’s green energy investor bundlers have been deeply involved in prior efforts at the state and federal levels to secure taxpayer funds for such companies. A Clinton presidency would virtually guarantee additional subsidies and government incentives.

 

“I met yesterday in Chicago with a big group of clean renewable energy businesses and they’re just ready to go,” she said at an Iowa campaign stop in November. “But they need some help from the government.”

 

That meeting was in fact a campaign fundraiser at the home of Michael Polsky, the chairman and chief executive of green energy firm Invenergy. He is one of a handful of Illinois-based bundlers for Clinton’s campaign who are deeply involved in the green energy industry, and have leveraged political connections to steer taxpayer funds to that industry.

 

Invenergy itself is a major beneficiary of federal subsidies. It is in the top three percent of recipients of federal grant money through the Treasury Department’s Section 1603 program, which provides grants in lieu of renewable energy investment tax credits.Scissors-32x32.png


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