Watchdog group Protect the Public’s Trust verbalized there are still many unanswered questions for the public to ken after Secretary of Energy Jennifer Granholm’s sale of her massive holdings in Proterra, an electric bus maker.
“Protect the Public’s Trust applauds Secretary of Energy Jennifer “Granholm’s” decision to divest from Proterra,” the group verbally expressed in a verbalization. The group withal verbalized, Proterra, the company in which Granholm had holdings, is like the “Tesla of electric buses.”
The group additionally noted the secretary’s “decision appears to be a reaction to the weight of external forces and still leaves many germane ethical questions unanswered.” On the news of the stock sales, an Energy Department spokesperson verbally expressed, “Secretary Granholm has acted in full accordance with the comprehensive ethical standards set by the Biden Administration and has consummated her divestment well ahead of the time required by her ethics acquiescent.” The group, in replication, verbalized, “the American public could rightfully question the value of those standards.”
The verbalization outlines how the secretary had relinquished a list of her divestments in early April that had “omitted Proterra while including investments with a far lower likelihood to present conflicts of interest.” The verbal expression later integrated that “between the time of that release and yesterday’s promulgation, the President singled out the company for endorsement and promotion when he made a well-publicized virtual visit in April.”
“Additional concerns have been raised by Granholm’s leadership of an initiative around electric conveyance materials – one that could result in paramount financial benefits for Proterra and potentially the value of her precedent holdings in the company,” the group integrated.
Granholm Announcement Leaves Many Ethics Questions Unanswered; The American public is left wondering if the Secretary benefitted from the Administration’s promotion of the “Tesla of electric buses”https://t.co/ei1mGbXLyfThe watchdog group published a series of questions the group would relish Granholm and the Biden administration to provide answers to:
— Protect the Public's Trust (@PublicsTrust) May 27, 2021
Was the value of her stock options affected by Proterra’s promotion by the President while Granholm accommodated as Energy Secretary, such as through his April virtual visit to Proterra?“While we are delectated that Secretary Granholm has ineluctably done the right thing and divested herself from Proterra, many questions remain unanswered,” verbally expressed Michael Chamberlain, the Director of Protect the Public’s Trust.
Was the value of her stock options influenced by the expected benefits the company could accrue from the Biden Administration’s renewable energy and electric conveyance initiatives, including those Granholm was opted to lead?
Why did Granholm not divest of these particular holdings when she divested of others that presented much lower potential ethical issues? Will Granholm be involved in any deliberations, decisions or actions at DOE that could benefit Proterra?
Will she perpetuate to lead Administration initiatives that could potentially result in financial benefits for Proterra or her other former green energy clients while with Granholm Mulhern Associates? Does her husband, either personally or through his consulting business, reconstituted from a partnership with Granholm, have any business or other relationships with Proterra?
Source: You can read the original Breitbart article here.
This News Article is focused on these topics: Economy, Environment, Politics, Department of Energy, Electric Vehicles, Energy, Energy Department, Jennifer Granholm, Joe Biden, Office of Government Ethics, Proterra Inc.