Alex Epstein’s analysis of the Senate-passed version of the Big Beautiful Bill: ‘Senate fails to terminate Green New Scam’ – ‘Bill is a solar/wind lobbyist’s dream’
By Marc Morano
July 1, 2025
2:37 pm
Via Alex Epstein:
Senate fails to terminate Green New Scam
The Senate bill *looks like* it has a 2027 “placed in service” cutoff for new solar/wind subsidies.
But one last-minute paragraph makes it worthless—because projects making a recoverable 5% investment in the next 12 months are exempt!
The idea of a 2027 “placed in service” cutoff was that new subsidies would actually end during the Trump administration.
But under the last-minute carveout, Big Green has 12 months to initiate as many subsidized projects as it wants using the insanely-easy-to-meet “construction” threshold. (All you need to do is commit 5% of expected project cost to buying re-sellable assets like solar panels.)
https://www.climatedepot.com/2025/07/01/alex-epstein-analysis-of-senate-passed-version-of-big-beautiful-bill-senate-fails-to-terminate-green-new-scam-bill-is-a-solar-wind-lobbyists-dream/
