Billions in corporate welfare turns to dust.
President Joe Biden will be in Colorado today, November 28, to champion green energy policies inside his Inflation Reduction Act and the CHIPS and Science Act. He will spend time in Denver and Pueblo to tout a couple of wind-related factories that are set to take advantage of the administration’s corporate welfare scheme. The president, facing abysmal polling data one year away from the election, will target Republicans and point out how they voted against his investments and job creation efforts. Clean energy, like wind, has been the focal point of Bidenomics. But have the billions in federal and state funds poured into the private sector yielded tangible results?
Green Energy Setbacks
By 2030, the Biden administration aims to generate 30 gigawatts of offshore wind power. This would be enough to power ten million US households. Is this…