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Tags: green | energy | companies | failures | joe biden | bankruptcy

6 Taxpayer-Funded Green Energy Companies That Went Belly-Up

A billboard announces the benefits of Proterra ZX5 battery-powered electric buses as one is parked at a bus stop in downtown Miami on Feb. 2. (AP)

By    |   Friday, 11 August 2023 07:19 AM EDT

An electric bus company touted by President Joe Biden that is now filing for bankruptcy is only the latest in a string of green energy failures that were championed by Biden during his tenure as president and vice president, showing that no matter where he sits in the White House, the energy isn't greener on the other side.

California-based Proterra, the electric bus company, filed for bankruptcy on Monday, citing market "headwinds" as the cause of its financial woes.

Marisa Herman ✉

Marisa Herman, a Newsmax senior reporter, focuses on major and investigative stories. A University of Florida graduate, she has more than a decade of experience as a reporter for newspapers, magazines, and websites.

© 2026 Newsmax. All rights reserved.


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An electric bus company touted by President Joe Biden that is now filing for bankruptcy is only the latest in a string of green energy failures that were championed by Biden during his tenure as president and vice president.
green, energy, companies, failures, joe biden, bankruptcy
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2023-19-11
Friday, 11 August 2023 07:19 AM
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