Guest essay by Eric Worrall
h/t Dr. Willie Soon – According to Bloomberg President Trump wants to slash $1.6 billion off federal subsidies for renewable energy.
Trump Again Seeks Deep Cuts in Renewable Energy Funding
By Ari Natter
7 March 2019, 19:00 GMT+10
Updated on 8 March 2019, 03:01 GMT+10
The official, who spoke on the condition of anonymity, said the Office of Energy Efficiency and Renewable Energy would see its $2.3 billion budget slashed by about 70 percent, to $700 million, under President Donald Trump’s fiscal 2020 budget request, which is set to be released on Monday.
The request is unlikely to be granted by Congress, especially with Democrats in charge of the House, but the figure represents an opening bargaining position for negotiations by the White House.
The Energy Department declined to comment and the White House Office of Management and Budget didn’t immediately respond to requests for comment.
“It’s a shutdown budget,” said Mike Carr, who served as the No. 2 official within the division under President Barack Obama. “That’s apparently what they want to signal to their base — they still want to shut these programs down.”
…Read more: https://www.bloomberg.com/news/articles/2019-03-07/trump-said-to-again-seek-deep-cuts-in-renewable-energy-funding
My question – why does anyone think renewables still need Federal subsidies?
Greens have been telling us for years that renewables are now cheaper than coal. Surely all we have to do is wait a few years for simple economics to drive the great energy transformation.