Why are we attempting to save the Earth?
Who are we saving it for?
Is it working, or just one more misguided crusade?
Bottom line, who pays for this?
_________________________________________
Up to a trillion dollars in subsidies for low-carbon energy and related infrastructure are up for grabs amid the Biden administration’s push to transform the U.S. economy. The grabbing has already begun. European Union officials made a lot of noise earlier this year when European companies began making expansion plans for the U.S. in a bid to take part in the incentive race.
Now, towns and counties in the U.S. are also eyeing a piece of the incentive pie, by seeking to attract low-carbon projects. One such project, the Wall Street Journal reported recently, is Kontrolmatik Technologies’ battery plant, to be built in South Carolina, with the Turkish company eyeing up to $1 billion in federal tax credits over the next ten years.
oilprice.com
Who are we saving it for?
Is it working, or just one more misguided crusade?
Bottom line, who pays for this?
_________________________________________
Up to a trillion dollars in subsidies for low-carbon energy and related infrastructure are up for grabs amid the Biden administration’s push to transform the U.S. economy. The grabbing has already begun. European Union officials made a lot of noise earlier this year when European companies began making expansion plans for the U.S. in a bid to take part in the incentive race.
Now, towns and counties in the U.S. are also eyeing a piece of the incentive pie, by seeking to attract low-carbon projects. One such project, the Wall Street Journal reported recently, is Kontrolmatik Technologies’ battery plant, to be built in South Carolina, with the Turkish company eyeing up to $1 billion in federal tax credits over the next ten years.

Up To A Trillion Dollars In Clean Energy Subsidies Is Up For Grabs | OilPrice.com
Green energy companies, but also rural towns and counties are eyeing billions in Inflation Reduction Act incentives