A free market think tank is suing the Department of Energy (DOE) to release records related to a lobbying effort to permanently instate a green energy tax credit that has produced major profits for Wall Street.
The Competitive Enterprise Institute (CEI) filed the lawsuit Tuesday. The conservative organization is seeking records related to a tax credit known as 45Q, one of several different “green” tax credits that major investment companies such as Goldman Sachs and JPMorgan Chase have used to bank large profits.
“After revealing specifics of the records it was processing and when it would comply, the [DOE] suddenly slammed on the brakes, and has refused to release any of the records it had identified as responsive,” CEI senior fellow Chris Horner said in a statement. “The program is a consequential one, the campaign to expand it is disturbing, and DOE’s behavior is remarkable.”