'Not Just Bad, It's Pathological': While Pushing Big Oil Bailouts, Trump Slaps Wind and Solar Industry With $50 Million in Old Rent Bills
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While giving fossil fuel companies access to relief funds ostensibly meant for small businesses struggling due to the coronavirus pandemic, the Trump administration on Monday slapped solar and wind power firms with retroactive rent bills dating back two years.
The Interior Department is demanding rent payments from renewable energy companies operating on federal lands, two years after it suspended rent for the operators as it investigated whether the Obama administration had charged too much.
The administration plans to collect $50 million in rent this year from 96 companies operating on federal property—the same amount of money that a recent report showed is going to fossil fuel companies in loans through the Paycheck Protection Program (PPP). As Common Dreams reported earlier this month, the oil and gas companies may not have to pay those loans back.
Energy Secretary Dan Brouillette also admitted last week that the White House pushed the Federal Reserve to open its Main Street Lending Program to the oil and gas industries.
Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction
May 19, 2020 at 12:48 PM #316935EnthusiastParticipant
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This just serves to piss many of us off.
I would like to remind you that U.S. health insurance companies do not contribute anything to health care. They are only a PARASITIC middle man receiving an undeserved cut of "FREE MONEY".
May 19, 2020 at 8:45 PM #316966salemcourtParticipant
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All companies including solar and wind will get lots of money. Only the people are left out. The Solar and wind industry as with all other industries also benefits from the payroll protection plan. See the article below. Stimulus Amendments Push More Renewable Subsidies: Solar and wind set to profit handsomely from COVID-19 response. However, this is a right-wing organization.
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