09 Dec, 23

Green Energy Jobs Come At A Very High Price For The U.S. Taxpayer

UncategorizedNo Comments

The green energy subsidies in the Inflation Reduction Act (IRA) have been justified by the Biden Administration as a booster of U.S. economic growth and jobs.  But when the subsidies are tallied and the overall impacts evaluated, the IRA is a job and economic growth killer.  Under the IRA, the lion’s share of subsidies will be paid to wind and solar developers.  The subsidies will not expire until electric industry carbon emissions fall by at least 75% below 2005 levels, after which they will gradually decrease.  Even…

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required.

This field is required.