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Euro wind grifters pressing Biden admin for new multi-billion dollar bailout
Posted on 9/17/23 at 6:30 am
Posted on 9/17/23 at 6:30 am
This is insanity, wind is a failed concept
What a joke
LINK
Im sure they want to buy Chinese components
quote:
(Reuters) - A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction Act, according to project developers.
Norway's Equinor, France's Engie, Portugal's EDP Renewables, and trade groups representing other developers pursuing U.S. offshore wind projects told Reuters they are pressing officials to rewrite the requirements, and warning of lost jobs and investments otherwise.
quote:
The credits are each worth 10% of a project's cost and can be claimed on top of the IRA's base 30% credit for renewable energy projects - bringing a total subsidy to as much as 50%.
What a joke
LINK
Im sure they want to buy Chinese components
This post was edited on 9/17/23 at 6:32 am
1
Posted on 9/17/23 at 7:45 am to Strannix
quote:
Euro wind grifters pressing Biden admin for new multi-billion dollar bailout
Frick'em. If they can't produce enough energy to sustain their business model they don't deserve to survive. Go to your home country and get the money if you feel like it's worth it long term.
How many lost jobs are we talking here...less than 1000? I'm sure that we'll be insolved into the market somewhere else. If not then tell Biden to close the border and stop wasting money.
Though let's not doubt this will be in the current budget bill hidden deep into one of the thousand pages. And Repubs will sign off on it.
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