Despite the claims of Bidenomics acolytes that it will “rebuild the middle class,” a new study states that the hundreds of billions in federal subsidies for electric vehicle (EV) production are wasteful corporate giveaways, to the tune of up to $7 million per job created. “Taxpayers are going to forego tens of billions of dollars…
IN-DEPTH: ‘Bidenomics’ Spends Up to $7 million to Create Each $50,000 ‘Green’ Job, Study Finds
July 21, 2023
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IN-DEPTH: Turbine Failures and Plunging Stock Add to Growing Doubt Over Wind Industry
An increase in the failure of wind turbine components and the subsequent financial fallout is creating uncertainty about the true sustainability of an industry campaigning for green energy. Siemens Energy announced on June 22 that it would be withdrawing its profit assumptions and initiating a technical review of Siemens Gamesa’s onshore wind farm, which could…
IN-DEPTH: Biden’s Green Energy Plan Draws Fire as China’s Mineral Dominance Looms
The Biden administration has defended its alternative energy push as a way to counter the Chinese regime’s dominance in critical minerals but critics say the president’s own policies are undermining the U.S.’s pursuit of energy independence. Recent weeks have shown President Biden attempting to galvanize international cooperation and protect domestic energy producers as part of…
Debunking Another Misleading Green Energy Study
Commentary A popular talking point among green energy evangelists is that gas, oil, and coal are, in large part, successful because they are highly subsidized. Wind and solar, so the argument goes, would win in a fair fight, but, alas, the playing field is far from fair. But the supposed data they are drawing on to come…
IN-DEPTH: ‘It’s Criminal’: Central Wisconsin Communities Unite to Stave Off Looming Wind Turbine Industry
May 19, 2023
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Central Wisconsin communities are coordinating efforts to shine a light into the flickering shadow cast by a looming wind turbine industry. “There is a revolt happening here,” attorney Marti Machtan told The Epoch Times. “I’ve never seen our communities engage like this in my life.” Machtan is a member of Farmland First, an organization that…
Port of Long Beach Plans Installation of Offshore Wind Turbines as Tall as Eiffel Tower
May 10, 2023
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LONG BEACH, Calif.—The Port of Long Beach offered more details on May 9 on its plans for a floating offshore wind facility to help California and the nation reach renewable energy targets in the coming decades. The facility, known as Pier Wind, would support the manufacture and assembly of offshore wind turbines standing as tall…
Earth Day 2023: Utterly Bereft of Ideas
Commentary Earth Day fell on April 22—Lenin’s birthday, appropriately enough—so let us first recall the blessed memory of the official theme for Earth Day 2022: “Invest In Our PlanetTM.” “This is the moment to change it all — the business climate, the political climate, and how we take action on climate. It’s going to take all…
Big Banks, Corporations Getting 90 Percent of Biden’s Green Energy Credits: Congressional Study
April 20, 2023
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Most of the green energy tax benefits provided by President Joe Biden’s $750 billion Inflation Reduction Act (IRA) of 2022 are going into the coffers of big banks and billion-dollar corporations, according to House Ways and Means Committee Chairman Jason Smith (R-Mo.). “While President Biden’s supercharged IRS is warming up to target working Americans, his…
Why ‘Net Zero’ Is Not a Rational US Energy Policy
April 19, 2023
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Commentary Despite Germany’s last-ditch attempt at realism, the European Union recently approved a 2035 ban on gas-powered cars, moving ahead with its “net zero” emissions agenda. In the United States, the cost of achieving net-zero carbon emissions would be staggering—$50 trillion if the goal is reached by 2050—as would the demand for raw materials, which in most cases would exceed…
Hunt Says Biden’s Green Energy Policies Will Send World Into Economic ‘Dark Ages’
The UK’s Chancellor of the Exchequer, Jeremy Hunt, has criticised U.S. President Joe Biden’s green energy policies and said they risk pushing the world economy into the “dark ages.” Biden approved a $369 billion package of subsidies for U.S. climate and energy businesses, but Hunt said it could lead to other countries putting up trade…
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