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Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork from Bi
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Topic: Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork from Bi (Read 259 times)
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rangerrebew
TBR Contributor
Posts: 184,541
Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork from Bi
«
on:
March 06, 2025, 05:51:52 am »
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/
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abolitionist Frederick Douglass: “Power concedes nothing without a demand. It never did, and it never will.”
IsailedawayfromFR
Hero Member
Posts: 14,781
Re: Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork fro
«
Reply #1 on:
March 06, 2025, 08:44:43 am »
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.
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“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell
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Over 100 electricity companies & investors swarm U.S. Capitol this week begging to keep pork from Bi