))
Truth to Power - Episode 5
Manage episode 486865639 series 3664334
Content provided by IntelStor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IntelStor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
On this week’s episode of #TruthtoPower, our Founder & CEO, Philip Totaro takes a deep dive into the money being jeopardized by the pending tax and budget legislation, and the lack of government accountability from #renewableenergy industry trade groups and lobbyists. Since the Inflation Reduction Act was passed, a total of $52.78 billion was committed to 181 different renewable energy equipment manufacturing or supply chain development projects. Since January, approximately $2.3 billion of those investments have been cancelled, mainly in part because of lack of matching funds from the federal government. #Windenergy is particularly hindered, seeing just a fraction over $4 billion of the $53 billion in factory investments announced. The government matching funds were supposed to be anywhere from about 20 – 50% of the total CapEx.
6 episodes
Share
