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.)
Once they declare “construction”—e.g., in July 2026—they’ll have 4 years (e.g., July 2030) to “place in service.” And then some of those projects, e.g., most wind projects, will get 10 years of subsidies.
So we’ll still have wind subsidies on Donald Trump’s 94th birthday!
Here’s how much worse the Senate bill just got:
* Two days ago: “Placed in service” by 12-31-27—with new subsidized solar/wind projects stopping very quickly, and Trump being able to let subsidies truly end.* Today: “Placed in service” by JULY 2030—with new subsidized solar/wind projects absolutely spamming the rid and ripping off taxpayers like never before, and Trump having no control over whether the subsidies end.
The current Senate bill is arguably worse than the original Senate Finance one. At least that bill decreased solar/wind subsidies starting in 2026 to 60%. The current bill just increased them to 100%.
The current bill is a solar/wind lobbyist’s dream. It does not terminate the Green New Scam in any way, shape or form. It absolutely perpetuates it. And offensively so, I might add, by keeping the “placed in service” cutoff language so many people courageously fought for, then totally undoing it with a single last-minute paragraph that makes it worthless.
If the Senate wanted to extend the Green New Scam it should have said so, not insulted our intelligence by trying to bury the extension in one sneaky little paragraph.
PS Several Senators have already told me they didn’t know about or understand this last-minute paragraph. If that’s the case they should do whatever they can to fix the situation.
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!… pic.twitter.com/ou6ZuXyAXv
— Alex Epstein (@AlexEpstein) July 1, 2025
Looks like it’s going to be up to @realDonaldTrump himself to kill the Green New Scam. The EPA should reverse the endangerment finding ASAP so that there is no rationale or purpose for wind/solar/EVs/batteries. Then just stop approving the subsidy payments. Let the scammers sue.… https://t.co/xvgNJoIF4a
— Steve Milloy (@JunkScience) July 1, 2025
