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Taxpayers Foot $900M Bill for Methane Terminal After $1M Donation

Taxpayers Foot $900M Bill for Methane Terminal After $1M Donation

A recent Interior Department decision to subsidize a wind project has sparked controversy, but the biggest winner appears to be an Australian-American billionaire. His private equity firm is set to receive 900millionfromtaxpayersinexchangeforitsstakeinaLouisianamethanegasterminal.Thissignificantpayoutfollowsa900 million from taxpayers in exchange for its stake in a Louisiana methane gas terminal. This significant payout follows a 1 million contribution he made to the individual who initiated the deal, raising questions about the interplay between political donations and federal subsidies.

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