Biden: Funds for endangered clean-energy program could be used for green tax incentives

[Yo_Mama_Been_Loggin]

President Biden sought to quell concerns about the climate aspects of his infrastructure agenda Thursday night, saying at a CNN town hall that the funds for an endangered clean-energy program could be redirected to tax incentives.

Biden was asked about the Clean Electricity Performance Program (CEPP), which would provide financial incentives for utilities transitioning to renewable energy and financial penalties for those that did not. The New York Times reported last week that the program, which Sen. Joe Manchin (D-W.V.) has said he will not support, is likely to be removed from the bill.

The president acknowledged Manchin's objection to the program but pushed back on moderator Anderson Cooper's assertion that it has already been removed from the bill.

"The fact of the matter is, we can take that $150 billion, add it to the $320 billion that's in the law now that he's prepared to support for tax incentives, to have people act in a way that they're going to be able to do the things that need to be do" on tasks like retrofitting windows, Biden said.

https://www.msn.com/en-us/news/politics/biden-funds-for-endangered-clean-energy-program-could-be-used-for-green-tax-incentives/ar-AAPQjtU

[lagomorph777]

1. Use it to pay fossil fuel companies to convert to selling renewable energy.

For example, WV coal mining companies could build wind/solar farms on their flattened mountain tops. Manchin will get his cut.