Senate GOP Goes After Biden’s Green Scam Subsidies

Without subsidies, grants, and loans that never get repaid, most of the green stuff would collapse

‘Outright Massacre’: Senate GOP Takes Sledgehammer To Biden’s Green Energy Subsidies

The Senate dealt a series of blows to solar and wind energy in the latest version of President Donald Trump’s “big, beautiful” bill — taking a page out of House Republicans’ playbook to crack down on green energy tax credits enacted under former President Joe Biden.

The Senate’s new proposal would move up the deadline for solar and wind projects hoping to qualify for production and investment tax credits by requiring them to produce electricity by the end of 2027. The additional cuts to green energy tax credits follows the president’s public broadside against the upper chamber’s initial proposal, which delayed the termination of solar and wind subsidies.

“Windmills, and the rest of this ‘JUNK,’ are the most expensive and inefficient energy in the world, is destroying the beauty of the environment, and is 10 times more costly than any other energy,” Trump wrote in a post to Truth Social on June 21. “It is time to break away, finally, from this craziness!!!”

Personally, I’m fine with tax breaks for “green” energy projects, just like with oil, gas, nuclear, and coal (again, not a fan of coal). Government has basically been propping up the green energy sector with your money, while the companies charge high prices for the generated energy. Provided the projects even make it that far

The upper chamber’s revised bill would also create a new tax on wind and solar projects whose components are sourced from foreign entities of concern, such as China.

Senate Democrats referred to the creation of a new excise tax penalizing the renewable industry’s reliance on Chinese materials as “economic self-sabotage” and an “outright massacre” for the solar and wind industry.

Perhaps those Senate Dems should have their financials investigated to see how much they’re getting from China and how many investments they have linked to Chinese “green” projects. It is interesting that they are admitting that the solar and wind industry cannot survive without all the government money.

Republican Utah Sen. Mike Lee was one of several GOP senators pushing the upper chamber to aggressively crack down on solar and wind tax credits in the president’s landmark bill. The Utah Republican favors a wholesale repeal of green energy subsidies, though Congress is likely to stop short of that given opposition from moderate Republicans.

Yeah, well, I doubt the big bill is going to pass. Democrats will filibuster it. There are not enough votes to move it with the 60 vote threshold, not unless Republicans want to nuke it. Oh, and there are multiple Republicans currently against it.

“If, as supporters of the IRA [Inflation Reduction Act] are complaining, repealing these subsidies will ‘kill’ their industry, then maybe it shouldn’t exist in the first place,” American Energy Alliance president Tom Pyle said in a statement Saturday. “Extending green giveaways on the backs of American taxpayers is shortsighted and neglectful.”

Exactly. Maybe they should push this in a separate bill.

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