Joe Biden's green energy plan is a gift to China, experts warn, amid fears Beijing could plunder more than $100billion from US taxpayer under scheme designed to BOOST American manufacturing.


Beijing could plunder more than $100billion from US taxpayer funding thanks to a 'naïve' plan by Joe Biden to boost the American renewable industry, DailyMail.com can reveal.

Exclusive industry data shows China has already planted its flag on a dozen green energy projects that could benefit from uncapped tax credits.

The scheme, which could cost the US taxpayer $1.2trillion overall, was designed to improve American competitiveness in sectors that China currently dominates, including solar and electric vehicles.

But experts are now warning it could in fact allow Chinese firms to 'extend their global monopoly' and 'dominate' the US market.

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