Dr. Phosphorous
Platinum Member
- Sep 3, 2024
- 10,042
- 6,259
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- #1
It pains me to say this, but Elon Musk is 100% correct. This bill is a ******* disaster for the environment, our economy, and for our country.
Trump and the Republican Party are literally destroying this country.
This is one of the biggest reasons Senator Thom Tillis (R-NC) is going to vote against the bill -- it kills good-paying, green energy manufacturing jobs in North Carolina and throughout the country.
Trump wants to bring back 1970s factories from China with his stupid ******* tariffs making cheap ass shirts, shorts, toys, pots, and pans.
But good paying, high tech green energy factory jobs? Nah.....just give all those good green energy manufacturing jobs to China!!
Total insanity.
From the Washington Post. --
Congressional Republicans are poised to reverse course on U.S. energy policy by wiping out hundreds of billions of dollars in incentives for solar and wind projects as well as for consumers seeking to purchase everything from energy-saving appliances to electric cars.
The Senate’s tax bill, which cleared a key procedural hurdle Saturday, contains strict green energy cutbacks that disappointed lobbyists for solar, wind and battery companies, who hoped senators would temper some of the House’s most draconian cuts. It also imposes a new tax on existing wind and solar farms if they include materials from a foreign entity like China — a huge blow for the renewables industry, which incorporates many materials from China across its supply chain.
“They’re proposing an outright massacre with punishing new taxes on these industries,” Sen. Ron Wyden (D-Oregon) wrote in a statement on Saturday. He said Republicans added what amounts to a “death sentence” for green energy, with provisions added “in the middle of the night” Friday before voting started in the Senate.
The bill, which still must be passed by both the Senate and the House, would fulfill a major campaign pledge of President Donald Trump, who favors coal mining and oil drilling and has railed against federal green energy spending. With the reversal, executives and climate experts are expecting a sharp retreat in U.S. manufacturing and continued Chinese domination of the industry.
“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” Tesla founder Elon Musk posted on X on Saturday, extending his split with the administration he served as leader of the U.S. DOGE Service. “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.”
The new bill also eliminates consumer subsidies for rooftop solar, electric vehicles, heat pumps and other energy-efficient technologies. Homeowners will have just a few months (for electric vehicles) or until the end of the year (for heat pumps and rooftop solar) to take advantage of the credits before they expire.
Trump and the Republican Party are literally destroying this country.
This is one of the biggest reasons Senator Thom Tillis (R-NC) is going to vote against the bill -- it kills good-paying, green energy manufacturing jobs in North Carolina and throughout the country.
Trump wants to bring back 1970s factories from China with his stupid ******* tariffs making cheap ass shirts, shorts, toys, pots, and pans.
But good paying, high tech green energy factory jobs? Nah.....just give all those good green energy manufacturing jobs to China!!
Total insanity.
From the Washington Post. --
Congressional Republicans are poised to reverse course on U.S. energy policy by wiping out hundreds of billions of dollars in incentives for solar and wind projects as well as for consumers seeking to purchase everything from energy-saving appliances to electric cars.
The Senate’s tax bill, which cleared a key procedural hurdle Saturday, contains strict green energy cutbacks that disappointed lobbyists for solar, wind and battery companies, who hoped senators would temper some of the House’s most draconian cuts. It also imposes a new tax on existing wind and solar farms if they include materials from a foreign entity like China — a huge blow for the renewables industry, which incorporates many materials from China across its supply chain.
“They’re proposing an outright massacre with punishing new taxes on these industries,” Sen. Ron Wyden (D-Oregon) wrote in a statement on Saturday. He said Republicans added what amounts to a “death sentence” for green energy, with provisions added “in the middle of the night” Friday before voting started in the Senate.
The bill, which still must be passed by both the Senate and the House, would fulfill a major campaign pledge of President Donald Trump, who favors coal mining and oil drilling and has railed against federal green energy spending. With the reversal, executives and climate experts are expecting a sharp retreat in U.S. manufacturing and continued Chinese domination of the industry.
“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” Tesla founder Elon Musk posted on X on Saturday, extending his split with the administration he served as leader of the U.S. DOGE Service. “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.”
The new bill also eliminates consumer subsidies for rooftop solar, electric vehicles, heat pumps and other energy-efficient technologies. Homeowners will have just a few months (for electric vehicles) or until the end of the year (for heat pumps and rooftop solar) to take advantage of the credits before they expire.
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