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hatrack

(63,123 posts)
Thu Jul 24, 2025, 07:38 AM Thursday

So Cute!! "Not All Republicans" 100% Behind Shitstain's Energy Policy - Some Quietly And (Very) Mildly Critical

Last edited Thu Jul 24, 2025, 11:43 AM - Edit history (1)

Hot stuff - from Politico!!!

Republicans spent four years railing against former President Joe Biden’s use of Washington’s money and regulatory heft to promote wind farms, solar panels and electric cars. Now President Donald Trump is wielding the same mighty federal arsenal on behalf of oil, natural gas, coal and nuclear power — and his party is cheering along. The result is that the GOP is embracing the same style of big government intervention in the energy markets for which they slammed Biden’s Inflation Reduction Act — mirroring the ways that Trump has reshaped Republican long-standing orthodoxies on matters such as trade and international alliances.

EDIT

“They’re picking winners and losers. No doubt of that,” said Shuting Pomerleau, director of energy and environmental policy at center-right think tank American Action Forum. “There has been a convergence of both Democrats and Republicans into the industrial policies propping up the industries or technologies they love with the resources and the legal authorities they have.” One fresh example is a July 7 executive order from Trump that Interior Secretary Doug Burgum cited to impose tight restrictions on wind and solar projects, to the dismay of moderate Senate Republicans. (Ed. - Who?) Trump had promised House conservatives that he would crack down on any federal support for clean energy, despite language in the GOP’s recently passed megabill easing the phaseout of tax credits.

Ed. -

Other Trump administration actions have overtly benefited fossil fuel sources. Energy Secretary Chris Wright used authorities under the century-old Federal Power Act to keep an aging coal power plant in Michigan running just eight days before it had been slated to go offline. Michigan ratepayers are now paying to keep it afloat — although Michigan Attorney General Dana Nessel filed a motion against DOE’s move, saying retiring the plant was part of a plan to save Michigan ratepayers $150 million in capital expenditures.

Wright later used that same authority to force an oil- and gas-fired power plant outside Philadelphia to continue operating. “We’re expecting more than that. That’s the tip of the iceberg,” Devin Hartman, director of energy and environment policy with the conservative think tank R Street Institute. “The case to subsidize those power plants is really flimsy.”

EDIT

https://www.politico.com/news/2025/07/22/republicans-free-market-energy-00465122
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So Cute!! "Not All Republicans" 100% Behind Shitstain's Energy Policy - Some Quietly And (Very) Mildly Critical (Original Post) hatrack Thursday OP
stranded assets creon Thursday #1

creon

(1,765 posts)
1. stranded assets
Thu Jul 24, 2025, 07:44 AM
Thursday

Coal and crudeoil and naturaal gas are on the way to brcoming stranded assets.

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