Posts tagged Loan Program Office
OP-ED: BIDEN IS INVESTING IN GREEN ENERGY ACROSS THE SOUTH — THROWING SWING STATE UNION WORKERS UNDER THE BUS
July 12, 2023 // The success of the climate program will require continued federal commitment. Biden is placing a bet that clean energy investments could ultimately work the same way as the military-industrial complex. The military and its allied contractors have made sure to set up bases and/or manufacturing facilities in nearly every congressional district in the country, with extra attention paid to areas represented by key lawmakers. That has produced durable support for ever-expanding military budgets. Whether the same could be accomplished for the clean energy industry is an open question, but so far, Republicans from districts that have won federal awards have nevertheless voted to repeal the Inflation Reduction Act, which funds the tax breaks. By subsidizing the decline of union jobs, the Biden administration risks empowering lawmakers who will then move to end the subsidies altogether. “The total lack of consideration for workers could certainly make the difference in 2024.” “What Biden is doing is politically insane, environmentally bankrupt, and it’s poor economics,” Larry Cohen, former president of the Communications Workers of America and board member of Our Revolution, told The Intercept.