Commentary How much do solar, wind, and electric vehicle companies get in federal handouts and tax loopholes in President Joe Biden’s Build Back Better bill? Well over $100 billion in taxpayer largesse. If all the tax credits are included, that number could reach half a trillion dollars. No other industry in American history has ever received this lucrative a paycheck. The folks at the Institute for Energy Research calculated that this is on top of the more than $150 billion in subsidies these industries received from Uncle Sam in the last 30 years. The umbilical cord to taxpayer wallets never gets cut. Yet, laughably, the left says all these subsidies to “green energy” are necessary for an “infant industry.” Really? Does Big Wind or Big Solar ever grow up? Incidentally, our ancestors were using windmills and solar panels during the Middle Ages. So why do these renewable energies get so …
The Biggest Corporate Welfare Recipients Ever
December 21, 2021
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