The Department of Energy recently awarded a multi-million dollar contract to a green energy company financed by a major Democratic Party fundraiser and supporter of President Obama.
The $4,000,000 award for biofuel company LanzaTech came just months after one of its chief financiers and public advocates hosted the president at his Portola Valley home for a $32,400-a-head fundraiser for the Democratic Party.
A chief marketing executive at one of those companies, cellulosic ethanol producer Coskata, said his success was measured in part by the amount of “government money we attract.”
Khosla has donated nearly $1.3 million to Democratic candidates and groups since the 2008 interview, including a $1 million contribution to Democratic Super PAC Priorities USA Action in 2012, according to the Center for Responsive Politics.
Obama personally attended the June fundraiser at Khosla’s home. Sens. Michael Bennet (D., Colo.), Maria Cantwell (D., Wash.), and Amy Klobuchar (D., Minn.) were also present. The $32,400 per plate benefitted the Democratic Senatorial Campaign Committee.
“Government has a role in creating a regulatory structure that ensures that we’re encouraging the development of clean energy,” Obama said at the event, according to a White House transcript of his remarks.
Obama would unveil an energy plan later that month supporting the controversial Renewable Fuel Standard, which mandates the use of biofuels in gasoline.