"How to Hand Out Billions in Climate Subsidies? Very Carefully."

"John Podesta, the White House aide overseeing new tax credits, said rules were expected to be in place within months. Avoiding waste and fraud is a priority."

"WASHINGTON — John Podesta, President Biden’s clean energy adviser, said the administration was working to ensure that a record $370 billion in new federal subsidies for electric vehicles, wind farms, batteries and other clean energy technologies is spent properly and avoids waste and abuse.

Mr. Podesta said the White House would issue tax code guidelines by early next year to speed the delivery of the money, and was meeting with inspectors general from across the federal government to get advice on ways to safeguard against fraud.

“It’s always better to have a lock on the barn door than to go chase the horse once it’s out,” he said in an interview.

The internal watchdog at the Department of Energy, one of several agencies that is receiving an influx of money under the Inflation Reduction Act, has already warned that her office does not have enough resources to properly monitor all the programs that will be created."

Lisa Friedman reports for the New York Times December 15, 2022.

Source: NYTimes, 12/16/2022