Big Green, Inc. doesn't care who is behind the wheel as long as the money keeps rolling out.
Reuters (7/22/24) reports: "The Biden administration on Monday announced 25 projects pitched by 30 different state, local and tribal governments that applied for $4.3 billion in grants created by the president's signature climate law. The grants, which will be distributed to winners by early autumn, will support deployment of clean energy technology across sectors ranging from housing to agriculture. The U.S. Environmental Protection Agency (EPA) said it has reviewed nearly 300 applications that requested over $30 billion. The administration has said the selected projects when combined would reduce greenhouse gas pollution by as much as 150 million metric tons of carbon dioxide equivalent (CO2e) by 2030, or roughly 2 percentage points. The U.S. has pledged to slash its CO2e emissions by 50%-52% by that year."
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"While the intention behind a carbon tax — to reduce American GHG emissions in an effort to combat global climate change — is questionable in itself, the economic realities and principles of free-market economics prove it is a flawed approach. With the fiscal storm likely coming next year, Congress should just say no to the PROVE It Act and the carbon tax in general."
– Vance Ginn, AIER
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