U.S. to Move Away from ‘Parasites’ on the Grid

This was some refreshing news breaking from our Energy Secretary Chris Wright during his appearance before the House Committee on Energy and Commerce a couple of days ago.

He was speaking very forcefully against what were just six months ago sacred cows.

…During the last four years, we’ve spent tens of billions of dollars to do two things. To subsidize the installation of [two] intermittent sources.

…peak demand…where we are right now, Inauguration Night at 4 am, wind was 2 percent of electricity, solar was zero. Together between the two of them, two percent at peak demand. That’s when it mattered.

If you’re not there at peak demand, you’re just a parasite on the grid, because you make the other sources turn up and down as you come and go…

The Green grifting subsidies that have sustained the climate cult fever dreams on the back of the American taxpayers are going the way of the dinosaur, God willing and if the Senate “grows a pair.”

The biggest players in the industry have already crashed and burned because they could not compete in an energy marketplace that was results-driven.

Sunnova, one of the largest solar installers in the country, declared bankruptcy last Sunday, leaving hundreds of thousands of residential customers wondering what they were going to do.

Profuse government grants, loans, and tax breaks supported Sunnova from the beginning. The public needs to know where the money went and why founder/CEO John Berger and a few others at the top made out like bandits, while just about everyone else bit the dust.

Sunnova was all hat, no cattle. All sizzle, no steak. Long on DEI, short on profits. Long on government, short on consumer value.

And a lot of ‘Net Zero’ for investors. And potentially voided contracts for more than 400,000 rooftop customers if tax credits go away under current legislation under debate.

Yesterday, Sunnova International declared bankruptcy, or in their Enronish PR world, “Strategic Action to Facilitate Value-Maximizing Sale Process.”

The company never had a quarterly profit, existing on political fumes and gullible ‘green’ customers.

The company had problems well before Donald Trump was elected, dealing with rising interest rates and the shifting of solar net-metering credit packages in states like California.

The fact that this industry still cannot even begin to stand on its own after twenty years of government handouts being the only thing keeping it alive tells you all you need to know.

…The reconciliation bill passed by the House of Representatives last month and now being considered in the Senate would abruptly end a tax-credit regime that’s supported households and solar installers for the past 20 years.

The bill would terminate the 30% tax credit available to households installing solar panels, batteries, inverters, and associated solar equipment at the end of 2025, essentially making those installations about one-third more expensive than they are today.

And the legislation would eliminate the tax credit of 30% or more available to companies that lease solar panels to households and businesses. That would be a blow to firms like Sunnova and Sunrun, the country’s top residential solar company, which have made such third-party ownership structures central to their business models.

All in all, the changes in the House bill could mean U.S. households install 40% less solar over the next five years compared to current policy, according to research firm Wood Mackenzie.

Yesterday. Lee Zeldin at the Environmental Protection Agency helped shovel another load of dirt on renewables by announcing they would propose repealing two Biden-era rules.

Especially egregious are the Clean Power Plans. Those would have shut down existing coal and natural gas-fired power plants in favor of unreliable renewables, even before those were ready to replace them.

The Obiden Regime’s gang of underhanded thieves remains unmatched in unconstitutional end-runs.

And in probably the biggest blow to the cult, President Trump signed three Congressional Resolutions into law, which revoked the California vehicle mandate.

Trump signs bill blocking California gas car ban plan.

Naturally Newsom spazzed.

“It’s been a disaster for this country,” Trump said as he signed the measure.

Further:

We officially rescue the U.S. auto industry from destruction by terminating the California electric vehicle mandate once and for all.

Mark Morano from Climate Depot explained why this is such YUGE good news for everyone in the country, even if you do not live in one of the eleven states that have signed on to the madness, along with California.

In the words of his predecessor, it is a BFD.

There needs to be concerted pressure on the Senate to close the Green New Deal/IRA subsidy window NOW.

These guys need to “grow a pair” and get this entire parasitic industry off the dole and off the backs of We the People.