By ending tax credits for wind and solar power, Senate Republicans may have jeopardized billions in investments in their own districts.
Democrats Bet Jobs in Red States Would Save Clean Power Projects. They Lost.
Submitted 4 days ago by silence7@slrpnk.net to nyt_gift_articles@sopuli.xyz
UnderpantsWeevil@lemmy.world 4 days ago
Sort of the hard math of building clean green energy is where it is most cheap and abundant to expand.
Texas, for instance, has been a boomtown for wind and solar thanks to its geography (and the ERCOT [mis]management of the grid accidentally incentivizing construction through sky-high prices at peak hours of solar/wind production).
But the real snag in the liberal plan to blue-ify red states with green jobs is that all the jobs are still private. Obama/Biden had a chance to put together a brand new TVA with lots of dedicated infrastructure capable of delivering at-cost electricity to undercut fossil fuel provides while creating jobs that paid well above the prevailing rate for wages. Instead, they just handed Wall Street magnets and their allies in the construction industry a series of blank checks.