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- Musk called the proposal harmful and outdated, favoring industries of the past over future-oriented jobs.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

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