berg80
Diamond Member
- Oct 28, 2017
- 33,281
- 27,149
- 2,820
Trump cancels billions in clean energy grants while increasing subsidies for oil and gas
On Oct. 2, the Trump Department of Energy announced it was cancelling over $7.5 billion in federal funding for 223 clean energy projects that the administration argues would be a waste of taxpayer dollars. The projects are mostly in states that voted for Democrat Kamala Harris in last year’s presidential election.
But President Trump’s own landmark legislation signed in July, the “Big Beautiful Bill,” grants an additional $4 billion a year in new taxpayer subsidies to the fossil fuel industry. According to a recent report from Oil Change International, including existing fossil fuel subsidies, the U.S. federal government will subsidize the production of oil, gas, and coal by at least $34.8 billion per year in coming years.
news.oilandgaswatch.org
Meanwhile.........
More than anything perhaps yesterday's election results are a case of the public recognizing the regime's misplaced priorities. Like supporting legacy energy's production of products that are killing the environment. Sending out dozens of pictures on social media of a WH bathroom renovation while 42M Americans are concerned about food security. Pardoning a criminal involved in the crypto biz because he helped you make hundreds of millions of dollars.
Voters want their government to make their lives better. trump has other concerns. It shows.
On Oct. 2, the Trump Department of Energy announced it was cancelling over $7.5 billion in federal funding for 223 clean energy projects that the administration argues would be a waste of taxpayer dollars. The projects are mostly in states that voted for Democrat Kamala Harris in last year’s presidential election.
But President Trump’s own landmark legislation signed in July, the “Big Beautiful Bill,” grants an additional $4 billion a year in new taxpayer subsidies to the fossil fuel industry. According to a recent report from Oil Change International, including existing fossil fuel subsidies, the U.S. federal government will subsidize the production of oil, gas, and coal by at least $34.8 billion per year in coming years.
Trump cancels billions in clean energy grants while increasing subsidies for oil and gas
On Oct. 2, the Trump Department of Energy announced it was cancelling over $7.5 billion in federal funding for 223 clean energy projects that the administration argues would be a waste of taxpayer dollars. The projects are mostly in states that voted for Democrat Kamala Harris in last year’s...
news.oilandgaswatch.org
Meanwhile.........
Electricity prices are climbing more than twice as fast as inflation
More than anything perhaps yesterday's election results are a case of the public recognizing the regime's misplaced priorities. Like supporting legacy energy's production of products that are killing the environment. Sending out dozens of pictures on social media of a WH bathroom renovation while 42M Americans are concerned about food security. Pardoning a criminal involved in the crypto biz because he helped you make hundreds of millions of dollars.
Voters want their government to make their lives better. trump has other concerns. It shows.