[Ed. – I’d be dubious too. That sounds like a ridiculous figure. What exactly would China be buying with that over 20 years – in West Virginia?]
Sen. Joe Manchin, D-W.Va., is raising alarm bells about an $83.7 billion investment in his home state pledged by China’s state-owned energy giant.
“In West Virginia, they came and signed a [Memorandum of Understanding] for $83 billion, and I repeat, $83 billion over 20 years,” Manchin said Thursday during a Senate hearing on innovation in the energy sector.
“When you put that in comparison to the state budget of West Virginia, our state budget only goes over $4 billion a year, so something doesn’t make sense here, and we cannot find out what their intent is,” he said.