Takeaways from tense hearing on DOE climate spending
Department of Energy officials had a rough day on Capitol Hill on Thursday as lawmakers and the department’s own watchdog accused them of lax oversight of billions of dollars in climate spending.
DOE Inspector General Teri Donaldson told the Senate Energy and Natural Resources Committee the agency was at extreme risk of fraud and financial mismanagement because of a mandate to spend Inflation Reduction Act and infrastructure bill money quickly.
Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.