Here Are All The Green New Deal Handouts Democrats Wedged Into Their $3.5 Trillion Budget

Democrats have inserted numerous provisions and subsidy programs into their $3.5 trillion budget that would benefit green energy companies and speed the transition to renewables.

A key part of the budget is the $150 billion Clean Electricity Performance Program - the centerpiece of the bill's climate agenda - which would incentivize energy companies to produce fewer emissions through a series of grants and fees.

The credits Brady referenced would incentivize the development of new transmission lines delivering renewable energy nationwide, reward facilities that produce zero or net negative carbon emissions and offset major costs associated with producing clean hydrogen power.

Democrats' budget would include a credit worth as much as $12,500 for consumers who purchase a new electric vehicle, $2,500 for electric motorcycles purchase and even $1,500 for electric bicycles, according to Myron Ebell, the director of the Center for Energy and Environment at the Competitive Enterprise Institute.

"The CEPP is a repackaged version of a number of green energy proposals that have been made both recently and over the years to - we used to say nudge - now it's much more of a heavy push towards utilities generating at least 85% clean energy," American Institute for Economic Research senior faculty Ryan Yonk told the DCNF. If an energy supplier increases their clean output by 4% compared to the previous year, it would be eligible for a sizable grant under the CEPP, according to the Energy and Commerce Committee.

"It's not based on science. It's not based on an overall strategic plan. It's a lot of feel good stuff," Republican Utah Rep. John Curtis, a member of the House Energy and Commerce Committee and chair of the Conservative Climate Caucus, told the DCNF when asked about the budget.

"We really don't know what an energy market could look like because we subsidize and regulate all the different pieces of it," Yonk told the DCNF. "We've taken what could be determined by individuals making their own choices and substituted it with a political solution where the values of those who lobby - whether they be on the green side or the energy production side - are what actually determines where we get things from."

https://dailycaller.com/2021/10/16/green-new-deal-handouts-subsidies-democrats-joe-biden-budget-energy-climate-change/