Biden Pushes Out Over $100 Billion in Clean Energy Grants as Term Winds Down
https://www.usnews.com/news/top-news/articles/2024-12-03/biden-pushes-out-over-100-billion-in-clean-energy-grants-as-term-winds-down WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said. The administration hopes the spending milestone will help to continue the deployment of clean energy even after President-elect Donald Trump, a climate change skeptic […]
Farmers turn into climate activists to keep IRA ‘green’ subsidies flowing to farms?! Farmers’ lobbies have ‘softened’ climate skepticism ‘as funding for climate-focused programs has flowed to farmers…based on carbon storing-farming practices’
Inside Climate News: The most powerful agricultural lobby group, the American Farm Bureau Federation, shifted its position on climate change, influencing conversations in farm country. The group had long denied the scientific consensus that human activity is driving greenhouse gas emissions, but has since softened its denial as funding for climate-focused programs has flowed to farmers and as carbon markets, based on carbon storing-farming practices, have promised the potential of revenue to its members.
So far, farms and farmers have received roughly $7 billion to help them implement “climate smart” farming practices under the Biden administration’s signature climate legislation, the Inflation Reduction Act. Another $13 billion or so is still on the way, though Congress’ efforts to pass a Farm Bill, which would direct those funds in coming years, are stalled. Republican versions of the legislation call for removing the requirement that the funding support climate-specific practices.
The USDA is investing another $3 billion in climate-focused agricultural practices under the agency’s Partnership for Climate Smart Commodities.
Wall Street Journal: Trump Vowed to Kill Biden’s Climate Law. Republicans Say Not So Fast
https://www.wsj.com/politics/policy/trump-biden-climate-bill-renewable-energy-b3e5fe03 Billions of dollars and tens of thousands of jobs are at stake in red states By Scott Patterson WASHINGTON—Donald Trump’s campaign-trail vow to end President Biden’s signature climate law is running into a cold reality: Too many Republican lawmakers want to keep it. The Inflation Reduction Act has channeled billions of dollars to renewable-energy […]
Rushing to Spend: Biden announces over $1.4 billion in funding for ‘climate change initiatives’
Biden announces over $1.4 billion in funding for ‘climate change initiatives’ By Washington Examiner Staff President Joe Biden announced on Thursday over $1.4 billion in funding dedicated to climate change initiatives. The spending includes the allotment of $1.2 billion in funding by the Department of Transportation to empower states to use “cleaner construction materials for transportation projects.” The funding is part […]
POLITICO: What’s at stake for climate policy? ‘Who the hell cares,’ Trump says
What’s at stake for climate policy? ‘Who the hell cares,’ Trump says. The presidential race features unusually sharp contrasts by the candidates on whether to address rising temperatures. By Benjamin Storrow, Scott Waldman, Adam Aton Excerpt: In Phoenix, temperatures this year spent 70 days over 110 degrees. Hurricanes lashed the Southeast, with back-to-back storms killing more […]
Biden’s Green Energy Subsidies Are Making China Great Again – Using Biden-Harris IRA law to ‘expand their solar dominance’
Biden’s Green Energy Subsidies Are Making China Great Again The left-wing site Politico was surprisingly honest with this headline: Biden is desperately trying to lure solar panel production from China to the United States with lavish subsidies. But the companies that are taking the cash and hanging a shingle are… Chinese: When Biden and congressional Democrats passed the […]
‘We paid billions’: Communist China solar CEO admits to buying US politicians & lobbyists
Communist China solar CEO admits to buying US politicians and lobbyists. Longi’s chairman, Zhong Baoshen: “We paid billions in tuition fees to learn how to navigate U.S. politics.”https://t.co/KoZ96WQJUF pic.twitter.com/4ao1bXkVQI — Steve Milloy (@JunkScience) November 5, 2024 https://www.wsj.com/world/china/why-chinas-solar-boom-is-a-bust-for-its-leading-players-a869ccab
A Looming Political Earthquake: Inflation Reduction Act’s unprecedented climate spending—much of it uninvestigated—may soon lead to unprecedented scandals
https://www.city-journal.org/article/the-inflation-reduction-act-a-looming-political-earthquake By Mark P. Mills If it weren’t for the election season swamping news coverage, odds are more people would be talking about the revelation that, to quote a Bloomberg headline, “The World Bank Somehow Lost Track of at Least $24 Billion.” In fact, that may understate the reality: the World Bank’s “accounting gap” could be as […]
POLITICO: ‘China taps Biden’s climate law for solar cash’ – Chinese-owned company ‘could net almost $1.8 billion in U.S. tax subsidies’ from IRA
Trina could net almost $1.8 billion in U.S. tax subsidies over the next seven years if it gets the Texas factory fully running by the beginning of 2025.
It is hardly alone. Eight companies linked to China have spent more than $1.2 billion to build 23.6 gigawatts of panel capacity since the IRA passed
SCAM: Form a nonprofit called the ‘Justice Climate Fund’ & presto, 8 months later, the Biden-Harris admin gives you nearly a billion dollars of U.S. tax money – Overnight Success: Biden’s Climate Splurge Gives Billions to Nonprofit Newbies
https://www.realclearinvestigations.com/articles/2024/10/22/overnight_success_bidens_climate_splurge_gives_billions_to_nonprofit_newbies_1066437.html By James Varney, RealClearInvestigations Although there isn’t much public information available about the Justice Climate Fund, it appears to have been an overnight success. After gaining nonprofit status in August 2023, the organization was awarded $940 million by the Biden administration just eight months later in connection with the White House’s $27 billion Greenhouse Gas Reduction Fund, which aims to […]