Rep. Mary Peltola stuck with her House Democrats and voted against the “Cutting Green Corruption and Taxes Act” on March 22. House Resolution 1023 passed 209-204, with one Democrat, Congressman Vicente Gonzalez of Texas, voting with the majority.
The bill reverses a slush fund created in the Inflation Reduction Act, passed in 2022 and signed into law by President Joe Biden.
In the IRA, a $27 billion slush fund was created for “green energy” projects. It funds special interests, climate activists, and their Democrat political allies. That $27 billion is destined to be distributed by September, if H.R. 1023 doesn’t pass the Senate and isn’t signed by the president.
Nick Begich, a Republican running for Congress in Alaska, applauded the passage of the measure: “Any action the government takes that favors one form of energy over another, ultimately increases the cost of energy to consumers. This is another example of Democrats picking winners and losers in what should be a free market. Congressman Palmer’s leadership in correcting this component of the deceptive ‘Inflation Reduction Act’ is a big step in the right direction.”
Alaska received $30 million in various green energy and “climate resilience” projects through the federal slush fund process recently, as announced by Alaska Sen. Lisa Murkowski last week. A review of the projects by Must Read Alaska shows that many of them are political in nature and would have nothing to do with reversing “climate change.”
Following the passage of the Cutting Green Corruption and Taxes Act, bill sponsor Rep. Gary Palmer of Alabama said, “This is a major step towards securing American energy and reducing energy costs. This is a win for the American people. The Democrats’ misnamed Inflation Reduction Act (IRA) allowed the EPA to use $27 billion to create a ‘Greenhouse Gas Reduction Fund.’ This is nothing more than a slush fund that does nothing to aid the environment. Instead, it funds special interest groups, climate activists, and political allies that make no impact on the climate. This bill eliminates $27 billion of waste and shifts the focus to where it should be, affordable and reliable American energy.”
The Cutting Green Corruption and Taxes Act also reverses a new tax on natural gas, of critical importance to Alaskans, especially the population between Kenai and Fairbanks that is facing higher costs as Cook Inlet gas development has been stymied by the Biden Administration. In 2022, President Biden canceled one million acres of leases in Cook Inlet; by the winter of 2023-24, Anchorage residents were already facing critical gas shortages during several days of sub-zero temperatures.
Palmer addressed the need to reverse the new natural gas tax: “In order to help the American people and lower energy costs, we should be focusing on expanding access to natural gas. Unfortunately, the Democrats’ IRA also implemented a tax on natural gas. This tax has made energy less affordable and less reliable for Americans already struggling under the weight of inflation. I’m glad Rep. August Pfluger’s hard work to repeal this detrimental natural gas tax is included in this legislation.”
Starting in 2026, the Inflation Reduction Act has a tax on methane emissions. The tax starts at $900 per ton and rises to $1,500 per ton after two years. The Congressional Budget Office writes in an analysis that this would raise $6.35 billion over the next decade, the Tax Foundation writes.
Palmer urged the Senate to pass the legislation, but the Senate is controlled by Democrats, and the president has already said he will veto HR 1023, should it ever reach his desk.
“At a time when our national debt is out of control and families are struggling to make ends meet, President Biden is determined to make things worse,” Palmer said. “H.R. 1023 would reign in wasteful government spending by eliminating the $27 billion slush fund and lower energy costs for families by removing the natural gas tax put in place by the deceptively named Inflation Reduction Act. Threatening to veto this bill once again shows the Biden administration values green energy special interests over the well-being of American citizens.”
Did we expect anything different from Peltola? She won the election via RCV and is bought and paid for. She will do as instructed.
The gift that keeps on giving.
To the never Begich crowd: even if you’re right and he is Satan incarnate, can he possibly be as bad for Alaska as Mary?
He’d do the bad stuff likeher.and the Republicans would get blamed..
Chuck, you are so full of it.
Anyone that names a huge spending bill “Inflation Reduction Act” must be trying to con preschoolers.
Is an $8 per barrel tax credit below $80 in locations that are profitable at $25/barrel picking winner and losers?
Name the specific field that is profitable at $25/bbl oil.
Tax credits and subsidies are two entirely different things.
A tax credit is a provision that reduces the taxpayer’s final tax bill, dollar-for-dollar. A tax credit differs from deductions and exemptions, which reduce taxable income, rather than the taxpayer’s tax bill directly.
A subsidy is direct or indirect financial assistance from the government to an individual institution to promote social and economic policies. Its goal is to lower the cost of producing goods, commodities, and services, making them more affordable to the general population and stimulating production, distribution, and consumption.
In simple terms a tax credit means you pay less, whereas a subsidy you are paid.
Perhaps. IF it’s profitable at $25.
Is it really Frank?
Are you an energy profit expert or is that something the greens made up?
The entire Green Movement is premised on corruption, fraud, and dishonesty. No wonder Democrats gravitate to this movement.
On another note, why does Peltola always get photoed with a “no” sign or a “thumbs down?”
She wants her 10% of the dirty money.
Because she is a politically negative person, feathering her own nest at the expense of working Alaskans.
She is 100% totally invested in government & non-profit land.
Or in other words a communist.
She should be holding this sign:
.
“Needed desperately: Husband Number 4.
Apply in person!”
Green slush is also known as swampwater.
Ask Peltola!!
What do they call it when the slim Republican majority in the House passes bill after bill that they know won’t survive the Senate or a Biden veto? Oh, that’s right…it’s called political theater intended for one purpose only – to pad the campaign coffers with money from good hearted but gullible believers.
Yes, let them buy those $60 bibles from the guy who cheated on every one of his wives. Shows moral integrity.
If you are a senior you should be grateful for Republicans voting for HR 485. The democrats including Mary voted to withhold medications if you are disabled or a senior. So much for the lie the natives revered the seniors in the village.
Her “people” have free health care, so her “seniors” (elders) are covered.
She is not “for all Alaskans” as Don Young was.
She is a phony (& a liar)
Agreed!
This has nothing to do with green energy fraud, waste, etc…
Like all leftists, Peltola is all about power and control. Convince enough useful idiots that the world will end if we do not stop using cheap and effective sources of energy, and you can control the population.
.
What do you really think the COP meetings, the Davos crowd, and 15 minutes “SMART” cities are all about? If you say climate change, you are a useful idiot.
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