Trump seeks to slash “clean energy” subsidies

Environmentalists were not happy with the President’s tax plan and they aren’t happy about this. The Washington Post reports the President wants to end federal funding for their so-called clean energy boondoggles.

The Trump administration is poised to ask Congress for deep budget cuts to the Energy Department’s renewable energy and energy efficiency programs, slashing them by 72 percent overall in fiscal 2019, according to draft budget documents obtained by The Washington Post.

Many of the sharp cuts would probably be restored by Congress, but President Trump’s budget, due out in February, will mark a starting point for negotiations and offer a statement of intent and policy priorities.

The document underscores the administration’s continued focus on the exploitation of fossil fuel resources — or, as Trump put it in his State of the Union address, “beautiful clean coal” — over newer renewable technologies seen as a central solution to the problem of climate change.

The Energy Department had asked the White House for more modest spending reductions to the renewable and efficiency programs, but people familiar with the process, who spoke on the condition of anonymity to share unfinished budget information, said the Office of Management and Budget had insisted on the deeper cuts.

You can read the full article here.

Even on Al Gore’s mentor James Hansen has admitted renewable energy sources are not enough to satisfy a developed country’s energy needs. This is how the President is going to end the so-called renewable energy industry. He’ll stop their largess to pay for his tax cuts. A very smart move.