• About
  • Contact
  • Give
Newsletter
NOQ Report - Conservative Christian News, Opinions, and Quotes
Sunday, June 26, 2022
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
NOQ Report - Conservative Christian News, Opinions, and Quotes
No Result
View All Result

The Biggest Corporate Welfare Recipients Ever

by Stephen Moore
December 21, 2021
in Opinions
The Biggest Corporate Welfare Recipients Ever
TOP Z-Stack

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.

Article by Stephen Moore from our premium news partners at The Epoch Times.

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 much money from Congress, and why do Democrats want to give them the biggest payday in the history of the Washington favor factory? Not because renewable has great promise. Thirty years after the handouts started, wind and solar accounted for less than 8 percent of our total energy production. It’s inconsequential.

If we taxpayers are “investors” in green energy, we’d be wondering where our return is at this point. Wind and solar costs are going down, but not nearly as fast as the cost reductions in natural gas, thanks to the shale revolution.

But now the left is trying to save its latest round of gargantuan welfare checks by arguing that the higher costs of oil and gas at the pump show that these energy sources prove that we can’t rely on fossil fuels.

It is reminiscent of the story of the boy who kills his parents and throws himself at the mercy of the court for being an orphan. Oil and gas prices are rising because Biden and the left have declared war on American fossil fuels. They aren’t allowing drilling. They instead are passing new “methane” taxes and not building pipelines.

Now liberals shake their fingers at the producers and accuse them of gouging consumers as they assault the added American oil and gas supply that would lower the prices to fill up your tank and heat your home. They are now starting a multimillion-dollar ad campaign in Washington, paid for by taxpayers, telling us that the high gas prices the Biden administration wants mean we have to stop using gas.

The irony of all of this is that the reliance on green energy subsidies is one good reason for so little technological progress in renewable energy. We’d perhaps see more innovation if the industry had to fight on a level playing field.

Democrats in Congress keep doling out the dollars because the green energy industry gives 90 percent of its contributions to Democrats. It is nothing more than a pay-to-play gambit.

If wind and solar are the low-cost energy sources of the future, why do they need so much government aid? Will they ever take the training wheels off?

GoldCo 1

After three decades, maybe it is time to admit the obvious: Wind and solar are niche energy sources that will not anytime soon, and probably never, provide anywhere near the energy we need for our $22 trillion industrial economy.

Photo by Jason Blackeye on Unsplash.

TOP Buy Physical Precious Metals



They’re Trying to Shut Us Down

Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.

For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We just launched a GiveSendGo page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.

Thank you and God bless!

JD Rucker

GoldCo
Tags: EconomySolarSubsidiesThe Epoch TimesTop Story
  • Kamala esPuta says:
    December 24, 2021 at 10:48 am

    Our politicians , government employees and the military have destroyed and bankrupted the U.S.

  • Bypass Big Tech Censors



    My Shows

    The JD Rucker Show (Apple)
    The JD Rucker Podcast (Apple)
    Red State Talk Radio (M-F 2pm ET)
    America Out Loud (M-F 7pm ET)
    America First Report (Substack)
    The Late Prepper (Substack)
    End Medical Tyranny (Substack)

    Our Sponsors

     
    MyPillow Promo Code NOQ

    MyPatriotSupply

    Z-Stack Life

    Our Gold Guy
     
    Valley Food
     

    Shows

    Post-Roe America

    BlackRock Runs the Country

    Gaslighting on Kids' Deaths

    Prepare for Economic Collapse

    Dr. Carrie Madej

    Clay Clark

    Bypass Big Tech Censors

    RSS The Federalist

    • J6 Committee Ignores Witness’s Ties To Zuckerberg-Funded Group That Manipulated 2020 Election
    • Bill Barr: If You’re Appalled About Unequal Justice, Get Joe Biden Out Of Office
    • If You’re Frightened Of Post-Roe America, Consider How Liberating Dobbs Is
    • Why Democrats Oppose Emancipation For The Unborn
    • America Has Donald Trump To Thank For Roe v. Wade Finally Being Overturned

    RSS The Blaze

    • 'I ended her life:' Brian Laundrie reportedly confessed to murdering Gabby Petito in newly released diary
    • Bill Maher says we live in 'two different countries' after Roe v. Wade reversal, warns woke progressives could cause Democrats to lose abortion debate
    • President Biden previously said abortion is 'always a tragedy' and not a 'right' in resurfaced clip
    • Video: Pro-abortion protesters try to storm Arizona state Capitol, lawmakers 'held hostage.' Kari Lake calls the event a 'real insurrection.'
    • 'Night of rage' protests erupt into violence across the country: Fox News HQ targeted, fireworks shot at police, pro-life woman attacked, journalists assaulted

    RSS PJ Media

    • GOP Rep. Misspeaks and the World Explodes
    • [WATCH] One American Gun Manufacturer Is Fighting Back Against the Left's Wrath
    • Meckler: In the Wake of Dobbs, Radical Federalism Is the Only Way Back to Civility
    • Privilege: Somali Cop Who Shot Unarmed Woman in Minneapolis to be Released Less Than Five Years Later
    • FLASHBACK: Trump Predicted the End of Roe v. Wade if He Were Elected

    RSS National File

    • MTG Calls Out Pro-Abortion, Anti-Family Corporations in Wake of Roe Ruling
    • VIRGINIA: Jefferson Davis Statue Destroyed by BLM Rioters Now Displayed as Left-Wing Art
    • Verified Twitter Users Openly Call for Violent Uprising in Response to Roe Decision
    • The Arizona Capitol Was Evacuated After Far-Left Protesters Stormed Building
    • U.S. Rep. Asks Why Multiple Pallets of Bricks Were Left Out in Downtown D.C.

    RSS Townhall

    • Terror Follows Slander: How to Decipher the Timing and Intensity of Tehran’s Psychological Warfare
    • You Can’t Kill Me Anymore
    • A Quick, Compelling Bible Study Vol. 119: Miracles in the Hebrew Bible
    • Donald Trump’s Supreme Court Legacy
    • Parents Face Even More Than the Destruction of Their Daughters’ Sports As Title IX Turns 50

    RSS RedState

    • Democrats Swat Down a Measure to Ban Critical Race Theory in the Military
    • Davis: The Left Has Only Themselves to Blame for RBG Failing to Retire
    • Miss France Welcomes Biological Male Contestant, 'a Candidate Like the Others'
    • Joe Biden's Reported Position on Court-Packing and Filibuster Drives Left Into a Frenzy
    • Donald Trump Basks in Glorious Victory at Rally After Monumental Supreme Court Decision
    • About
    • Contact
    • Give

    © 2021 NOQ Report

    No Result
    View All Result
    • Home
      • About
      • Give
    • News
    • Opinions
    • Quotes
    • Around the Web
    • Videos
    • Podcasts

    © 2021 NOQ Report

    Session expired

    Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

    >