Green Energy Provisions In The One Big Beautiful Bill Act: Unfortunately, A Mixed Bag

  • On July 4 President Trump signed what everyone is now calling the “One Big Beautiful Bill Act.” (Doesn’t it cease being a “Bill” when it becomes an “Act”? Not this one, apparently.).

  • The Act is a compendium of dozens of provisions relating to all aspects of the federal budget and taxation. As a result, many summaries that you may read focus on things like income tax rates and deductions, and other such matters directly relevant to individuals. That leaves some other important subjects of the Act getting short shrift, particularly the provisions dealing with various aspects of the ongoing green energy scam. So I will try to hit the highlights on that subject here.

  • I previously had a post on May 24 covering the provisions on this subject in the version of the Bill that had just been passed by the House. That post was highly optimistic that the House’s language, if it could survive wrestling with the Senate, could essentially put an end to almost all of the green energy subsidies. Unfortunately, as you might expect from the swamp of Washington, the final language will likely let some of the scam continue.

  • But let’s start with the positive news. For your reference, in case you want to read the actual provisions of the Act, here is a link to the Table of Contents, with ongoing links to each section.

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Good Laugh For Today: New York State Says It Will Build A New Nuclear Power Plant

Good Laugh For Today:  New York State Says It Will Build A New Nuclear Power Plant
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EPA Gets Moving On Its Push For Energy Deregulation

  • Now coming into view are the specifics of EPA’s strategy to end the Obama/Biden efforts to strangle the energy sector of the economy in the name of “saving the planet” from climate change.

  • A document released by EPA last week on June 11 lays out the plan for repeal of the absurd (and dangerous) regulation that would have ended use of fossil fuels to generate electricity by some time in the 2030s.

  • This EPA document is particularly interesting for the way it treats — and effectively sidelines — the so-called Endangerment Finding, the 2009 regulatory action that is the basis for all of the Obama/Biden fossil fuel suppression efforts.

  • President Trump made it clear from the first day of his new administration that he intended to undo as many as possible of the Obama/Biden era burdens and restriction on American energy production and use.

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Can Anyone Save New York From Its Coming Self-Inflicted Climate and Energy Disaster?

  • New York State has officially ordained the destruction of its electricity system and its economy with a mad dash to energy utopia, as prescribed by a 2019 statute called the Climate Leadership and Community Protection Act (Climate Act). The Climate Act mandates a completely unachievable 70% of electricity generation from “renewables” by 2030, with even more draconian mandates following in quick succession thereafter.

  • New York City has piled on with its own fantasy energy statute called Local Law 97, mandating, among other things, forced conversion to electric heat by 2030 of most residential buildings over 25,000 square feet.

  • A so-called “Scoping Plan” on how to do all this, issued by the State in 2022, contains no bona fide feasibility analysis, and equally no bona fide cost analysis.

  • Everybody with over a sixth-grade education who has taken any time to look at this knows that it can’t possibly work. The only question is how much destruction will befall us before the whole thing crashes to the ground.

  • Can anyone save New York from the coming self-inflicted climate and energy disaster?

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The "Big Beautiful Bill" -- Climate And Energy Provisions

The "Big Beautiful Bill" -- Climate And Energy Provisions
  • On Thursday (May 22) the House of Representatives passed, by a narrow margin of 215-214, what is referred to as the “Big Beautiful Bill” — a massive compendium of taxing and spending measures that can now seek to avoid the filibuster in the Senate on grounds of being a “budget reconciliation.” The BBB is well over a thousand pages long (go here for full text), and covers a huge range of subjects.

  • Most summaries of the BBB that I have seen never get to the important subject of subsidies for so-called “green” energy — wind turbines, solar arrays, grid-scale batteries, hydrogen production, and so forth.

  • That is understandable given the large number of important issues covered in the bill. However, the green energy subsidies are a gigantic issue. They consist of generous tax credits for wind and solar facilities that have been around for a long time, plus a barrage of subsidies and handouts created by the so-called Inflation Reduction Act of 2022.

  • In a post that I wrote at the time of enactment of the IRA, I linked to an analysis that estimated the green energy handouts of just the IRA alone at approximately $370 billion (although I noted that the IRA handouts were un-capped and could end up being far more than that).

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New York Times On Climate Change: Two Candidates For Quote Of The Day

  • Over at the New York Times today, print edition, there is a big front page article documenting how their side is losing the latest battle in the climate wars. The headline is “U.S. Embraces Climate Denial In Science Cuts.” (online headline somewhat different). Also in the Times today (online version) is a feature called “Quote of the Day.” Today’s “quote of the day,” as selected by the Times, is taken from the “climate denial” article just previously linked. Here it is:

  • “It’s as if we’re in the Dark Ages.”

  • This quote is attributed to one Rachel Cleetus, identified as senior policy director with the climate and energy program at the Union of Concerned Scientists.

  • But then, if you take some time to read the article, you come to what I would propose as another excellent candidate for quote of the day. It’s from Brooke Rollins, recently confirmed as the new Secretary of Agriculture in the Trump administration. Here it is:

  • “We’re not doing that climate change, you know, crud, anymore.”

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