Skip to main content

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

 Senate Actions on Green Energy

- The Senate proposed changes to Trump's bill affecting solar and wind energy.

- New deadline for energy projects: must produce electricity by the end of 2027.

- The proposal follows Trump's criticism of previous plans to extend green energy subsidies.

- Trump described wind and solar energy as costly and environment-destroying.

New Tax on Renewable Projects

- A new tax will be imposed on wind and solar projects sourcing components from foreign entities, like China.

- Senate Democrats criticized this tax as harmful to the renewable industry.

Republican Support for Cuts

- GOP senators, led by Utah’s Mike Lee, support strict cuts to green energy tax credits.

- Lee advocates for a complete repeal of green energy subsidies, despite opposition from moderates.

- North Carolina Senator Thom Tillis expressed disappointment over speeding up subsidy termination, citing economic risks.

Response from Elon Musk

- Elon Musk criticized Senate Republicans, claiming cuts to green energy subsidies could put millions of jobs at risk.

- Musk called the proposal harmful and outdated, favoring industries of the past over future-oriented jobs.

Arguments Against Subsidies

- Supporters of terminating subsidies argue that the green energy industry relies too much on government support.

- American Energy Alliance president Tom Pyle suggested that if the industry cannot survive without subsidies, it shouldn't exist.

House Freedom Caucus Position

- The House Freedom Caucus urged adoption of House language to accelerate subsidy termination.

- Some House members vowed to oppose the Senate’s proposal if it diverges from this language.

https://wattsupwiththat.com/2025/06/29/outright-massacre-senate-gop-takes-sledgehammer-to-bidens-green-energy-subsidies/

Comments

Popular posts from this blog

Fauci Files Reveal Pfizer Helped Biden Rig 2020 Election

 Pfizer secretly colluded with Joe Biden's team to help him rig the 2020 election against Trump, according to new Fauci documents. In his new book, "On Call," Fauci admits that Albert Bourla, the CEO of Pfizer, called him the night after Biden was declared the winner of the election, to inform him of Pfizer's "Game-changing results" from the rigged mRNA trial. "On November 7, after the absentee ballots were counted, Joe Biden was declared the winner of the presidential election. It was the very next night that Albert Bourla, Pfizer's CEO, called me away from my neighbors' fire pit to inform me about the game-changing results from the Pfizer mRNA vaccine trial. I finally thought we had truly turned a corner in defeating this terrible disease." Today reports: In another interesting tidbit, Fauci discusses Trump's FDA Commissioner Stephen Hahn declaring that he would not go along with the Trump Administration's plan to roll out the vac...

Republicans Withdraw $1 Billion From BlackRock Due To Its ESG Policies

  Multiple U.S. states governed by Republicans are withdrawing state funds from BlackRock's management, as they disapprove of the ESG investment policies of the world's top asset manager, the Financial Times reports. In recent weeks, Louisiana, South Carolina, Utah, and Arkansas have announced they would divest funds from... For months now, Republican states have said they would not do business anymore with asset managers who have ESG-aligned investment policies, which, the states say, show that those financial firms are boycotting the oil and gas industry. Texas is leading the campaign against this movement The Lone Star State published a list of financial firms that could be banned from doing business with Texas, its state pension funds, and local governments. https://oilprice.com/Latest-Energy-News/World-News/Republicans-Withdraw-1-Billion-From-BlackRock-Due-To-Its-ESG-Policies.html

EU Ambassador & Munich Security Conference Chair Headline Chinese Communist Party Influence Event.

  The Vice Chairman of the Munich Security Conference and a former Ambassador of the European Union to the U.S. headlined an event sponsored by a leading Chinese Communist Party influence group The China-United States Exchange Foundation (CUSEF) CUSEF has been identified by the US government as part of China’s “United Front” which works “to co-opt and neutralize sources of potential opposition to the policies and authority of its ruling Communist Party.” O’Sullivan Director General of the Institute of International and European Affairs Has held a variety of influential positions within the European Union including Chief Operating Officer of the European External Action Service (EEAS) Ruge also has ties to the EU’s military infrastructure Vice Chairman of the Munich Security Conference https://thenationalpulse.com/2022/10/20/eu-amb-and-munich-chair-headline-cusef-webinar/