Author Topic: Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork from Bi  (Read 215 times)

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Offline rangerrebew

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Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork from Biden’s Inflation Reduction Act flowing: ‘GOP’s climate ax meets business resistance’

By Marc Morano
March 5, 2025
 
https://www.politico.com/newsletters/power-switch/2025/03/05/gops-climate-ax-meets-business-resistance-00213064

By JOEL KIRKLAND

Republican leaders are planning to get rid of some Biden-era clean energy spending to pay a small fraction of the multitrillion-dollar costs of extending 2017 tax cuts — a major piece of President Donald Trump’s fiscal agenda. But their efforts may clash with the interests of energy companies, big businesses and GOP districts throughout the country, Kelsey Brugger writes.

Many energy incentives are in the Inflation Reduction Act, the climate bill signed into law by former President Joe Biden. The bulk of the tax subsidies meant to spur U.S.-based manufacturing of solar panels and advanced batteries has gone to GOP districts in the South and the West. There’s plenty at stake: job growth, billions of dollars in technology investment, global competitiveness with China’s green tech leaders and utility bills for everyday Americans.

That may not matter in Trump’s Washington.

https://www.climatedepot.com/2025/03/05/companies-lobbyists-swarm-u-s-capitol-begging-to-keep-pork-from-bidens-inflation-reduction-act-flowing-gops-climate-ax-meets-business-resistance/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline IsailedawayfromFR

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Too bad.

You take from the devil, you pay his price in the end

Go build a nuclear plant if you want power for your customers.
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell