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Energy secretary Jennifer Granholm has finally sold hundreds of thousands of shares in a green energy company that has received the backing of the Biden administration.
AP Photo/Evan Vucci
We previously reported that Energy Secretary Jennifer Granholm owned up to $5 million in stock options in Proterra, an electric vehicle technology manufacturer.
At the same time, she’s the United States Secretary of Energy, playing a big role in pushing electric vehicle usage as part of Joe Biden’s infrastructure initiatives. She was tasked to focus on “risks in the supply chain for high-capacity batteries, including electric-vehicle batteries, and policy recommendations to address these risks.” The infrastructure program also creates a Clean Bus program to electrify school buses and Proterra is involved in making batteries for such vehicles.