The coming green electricity nightmare
Hundreds of billions in new subsidies will bring expensive, unreliable, eco-destructive power
By Paul Driessen —— Bio and Archives--October 3, 2022
Global Warming-Energy-Environment | Comments | Back To Full Article
Senator Joe Manchin (D-WV) wanted regulatory reform, in part to reverse some of the Biden Administration reversals of Trump era reforms intended to expedite permits for fossil fuel projects. Majority Leader Chuck Schumer (D-NY) needed Manchin's vote in the 50-50 Senate to enact his latest spending extravaganza, the Inflation Reduction Act, which was primarily a massive climate and "green" energy subsidy arrangement. It gives Schumer allies some $370 billion in wind, solar, battery and other funding, tax credits and subsidies. In exchange, Schumer would offer a path for Manchin's reform bill.
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