When President Trump took the oath of office this January, he inherited a fragile economy, a bloated federal budget… and a fiscal crime scene.

In the final 90 days of Joke Biden’s presidency, just as polls turned definitively against him and it became clear the American people were ready for change, his administration torched through $93 billion in green subsidies. It was one of U.S. history's largest unaccountable, last-minute spending sprees.

No congressional hearings. No budget reconciliation. No public debate. Just unscrupulous political muscle, a compliant bureaucracy, and a hard deadline: Inauguration Day.

These were not ordinary outlays. This was a full-court press to cement Biden’s ideological climate agenda with your money, before a single Trump appointee walked into an office.

It was political looting at scale.

And now, Energy Secretary Chris Wright, one of Trump’s most trusted lieutenants, is racing to undo the damage.

Biden’s Parting Gift: $93 Billion on Fire

Let’s start with the ledger. Here’s where your money went as Biden’s crew scrambled to build their legacy—and shield it from reversal:

• $20 billion to the EPA’s Greenhouse Gas Reduction Fund—the “green bank.” This included:
  
  
• $7 billion to the Climate United Fund
  
  
• $5 billion to the Coalition for Green Capital
  
  
• $2 billion to Power Forward Communities
  
  
• $940 million to the Justice Climate Fund

These groups are either brand new or newly capitalized, with no track record. Many are stacked with Democratic donors, progressive think tank alums, and community organizers who suddenly found themselves managing billion-dollar portfolios.

• $37 billion to “advanced manufacturing,” mainly in the form of clean-tech tax credits, including for EV battery factories owned by foreign firms like Toyota.
  
  
• $30 billion for nuclear, including $700 million for HALEU (high-assay low-enriched uranium), a fuel for reactors that barely exist and rely on a fragile supply chain that—get this—runs through Russia.
  
  
• $22 billion for “home energy supply,” mostly weatherization, heat pump installations, and efficiency upgrades. The government promised these would help ordinary families. In practice, they’re bloated contractor handouts.
  
  
• $19.5 billion for “climate-smart agriculture”—a grab-bag of conservation subsidies, carbon credit pilots, and sustainable forestry grants. It's a subsidy scheme for Big Ag dressed up in a Patagonia vest.
  
  
• $13 billion for rural clean energy, funneled to electric co-ops in red states. Many of these projects weren’t even requested by the utilities receiving them.
  
  
• $12 billion for EV rebates and manufacturing support.

In short, the Biden administration spent like a banana republic on the eve of a coup. A desperate, departing administration tried to lock in their green utopia before the American electorate shredded the blueprint.

Enter Chris Wright: “This is Fiscal Vandalism.”

Trump’s newly appointed Energy Secretary, Chris Wright, is not pulling punches.

Wright, the former CEO of Liberty Energy and a long-time critic of Environmental, Social, and Governance (ESG) policies, dropped this bombshell two days ago:

Credit: @MikeBenzCyber

He’s already begun a top-to-bottom review of the outgoing administration’s energy grants, contracts, and subsidies.

In congressional testimony before the House Appropriations Subcommittee on May 7th, Wright told lawmakers:

We are reviewing existing projects; we’ve canceled zero so far. But that doesn’t mean we won’t. There’s a lot of nonsense in here. We’re going to follow the law, but we’re also going to follow the money.

He’s right to be furious. These last-minute outlays weren’t just imprudent. They were engineered to be irreversible. Most of the grants were written with clawback protections. The Biden administration locked them in to ensure a future president couldn’t easily cancel them.

This wasn’t just legacy-building. It was a bureaucratic barricade.

And the goal? Make it impossible to alter the direction of U.S. climate policy without triggering lawsuits, mass layoffs at politically sensitive companies, or the collapse of large, under-vetted projects that are already half-funded.

It’s a trap.

But Wright is springing it.

What Did We Get for $93 Billion?

Let’s give the devil his due. If this were an honest investment in America’s future—one that improved infrastructure, created jobs, and modernized the grid—it might have been worth considering.

But here’s what we got:

• The Greenhouse Gas Reduction Fund sent $7 billion to the “Climate United Fund,” whatever that is, which was incorporated just months earlier. The fund's management is a mix of progressive policy activists and renewable energy financiers with little experience deploying capital at scale.
  
  
• $12 billion in electric vehicle (EV) subsidies went disproportionately to upper-middle-class households in California, New York, and Illinois, where most people were already buying Teslas and Rivians.
  
  
• Home energy upgrades—funded by $22 billion in federal outlays—focused on marginal gains, like attic insulation and efficient lightbulbs, at an average cost of $10,000 to $15,000 per home. Many of these upgrades were handled by contractors with little federal oversight and plenty of room to game the system.
  
  
• Meanwhile, Biden’s “Solar for All” initiative pledged $7 billion to help low-income families access rooftop solar. But industry insiders admit that most of that money is stuck in red tape. “It’s good PR, but nobody’s really benefiting yet,” one CEO told Bloomberg off the record.

The real kicker? According to a CNN report, the Inflation Reduction Act has “created or supported” 86,000 new jobs.

Do the math: $93 billion divided by 86,000 = over $1 million per job.

Can you say, “Solyndra on steroids?”

Trump’s Energy Department: Time to Audit Everything

Chris Wright’s next moves could define the early legacy of Trump’s second term.

If he succeeds in clawing back even part of this funding, it could be a game-changer—not just for fiscal conservatives but also for accountability in government spending.

Wright has already begun circulating internal memos calling for a freeze on uncommitted funds and a legal review of all discretionary Inflation Reduction Act-related grants. He’s also requested a Government Accountability Office (GAO) audit of the EPA’s green bank programs.

Behind closed doors, we’re told the White House is exploring executive action to reclassify specific contracts as nonbinding MOUs (memoranda of understanding), which could give them the legal wiggle room to cancel future payments.

This will be a battle in the courts, media, and public opinion.

But for the first time in years, the U.S. taxpayer might finally have a champion inside the Department of Energy.

Wrap Up

Biden and his advisors knew exactly what they were doing. They understood that a Trump victory would reverse their agenda, so they locked in the cash, fired the fiscal cannons, and handed billions to ideological allies, start-ups, and activist nonprofits.

They salted the earth for the next administration, similar to how Janet Yellen left over $7 trillion in U.S. Treasury debt maturing this year.

Like that, this was sabotage, not statesmanship.

And the victims? Every American family that’s still paying higher energy bills, suffering from inflation, and watching DC burn through your tax dollars like it’s electronic Monopoly money.

Let’s hope Chris Wright has the spine and support to rip this agenda out, root and stem.

Because if he doesn’t, the $93 billion green heist will be the new playbook for every lame-duck president going forward.

Stay sunny, and have a great week ahead!