BIDEN SPENDS $2.8 BILLION ON EV BATTERIES - FORGOT ONE CRUCIAL DETAIL

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Source: https://www.foxbusiness.com/politics/biden-2-8-billion-battery-companies-esg-agenda

The Biden administration awarded $2.8 billion this week to 20 companies after they pledged to honor Democratic goals like diversity, equity and inclusion as they hire people to build batteries and related components to be used in electric vehicles.

The conditional grants are the latest attempt by the Biden administration to push its diversity, equity, inclusion and accessibility (DEIA) agenda into the private sector. Last month, DEIA leaders from several agencies met and agreed to extend their efforts in this area "across the federal government and our society."

It is also part of a broader trend of companies following environment, social and governance (ESG) principles as a way of earning a "responsible" brand among investors.

On Wednesday, President Biden and Energy Secretary Jennifer Granholm announced the $2.8 billion "investment" in EV battery companies and said explicitly that their decision to provide federal funding for these projects was conditioned on a promise to advance the DEIA agenda.

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