Here Come the Green Bailouts Biden’s “Inflation Reduction Act” handed over $400 billion to crony “Green” projects. Many are just subsidy farms, with taxpayer money making up “nearly 90%” of profits. We’ve been here before: Obama’s $535 million Solyndra turned out to be a scam masquerading as climate and industrial policy. This time the losses will be hundreds — or thousands — of times bigger.
Here Come the Green Bailouts
Biden's "Inflation Reduction Act" handed over $400 billion to crony "Green" projects.
Many are just subsidy farms, with taxpayer money making up "nearly 90%" of profits.
We've been here before: Obama's $535 million Solyndra turned out to be a scam… pic.twitter.com/qESBGOiG5L
— Peter St Onge, Ph.D. (@profstonge) April 22, 2024
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