Did you know you pay billions in subsidies to solar and wind companies that only exist to get more subsidies? Did you know that not only are you paying these subsidies, but you’re paying higher electric rates because of these projects and government mandates about “green energy”?
From Nebraska Rep. Istook:
I want to give you a quote, though, from one individual who was a major wind energy investor and getting a lot of these tax benefits: Warren Buffett,” said Istook, citing the Nebraska-based billionaire investment guru.
These are his words, not mine: ‘We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.’ Those are Warren Buffett’s words,” said Istook.
The people that are making this investment recognize that unless they can get these crony capitalism dollars, it’s a bad investment,” he said. “But government is paying them to do that. It’s paying some people to get rich at our expense while our utility bills go up.
Istook said the public has a chance to put a stop to the tax credit, which expired last December, but is being pushed for retroactive renewal by the administration during the lame-duck congressional session that begins after the Nov. 4 midterm elections.
Please sign this petition to all our senators and congressmen and let them know we don’t want any more of this green crony-captitalism.
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