Trump is cutting solar funding — but California is taking the heat
https://www.politico.com/news/2025/08/06/california-solar-funding-trump-00496922
Tag: subsidies
4 ways Trump’s ‘Big Beautiful Bill’ could impact your wallet
4 ways Trump’s ‘Big Beautiful Bill’ could impact your wallet
https://finance.yahoo.com/news/4-ways-trumps-big-beautiful-183228278.html
Farmers Need Free Markets, Not Tariffs and Welfare
“Basically, the feds impose damaging new taxes and trade restrictions on farmers for reasons mostly related to ideology and rent-seeking, then undo their effects by making farmers more dependent on government largesse. Often lost in the discussion, but one reason that U.S. farmers are so dependent on selling commodity crops to China and elsewhere is that past policies essentially subsidized them to do so.
Like with all things political, various federal farm policies have created a series of odd bedfellows. Many environmental groups have lauded past farm bills because they provide incentives for farmers to set aside land as open space, but overall the federal meddling has harmed the environment. For instance, federal sugar subsidies have greatly diminished the Florida Everglades by encouraging the conversion of wetlands into sugar fields.”
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“All these policies drive up food prices for non-farmers and reduce our choices in meats and produce.”
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“Instead of creating this convoluted, counterproductive policy that mimics a Rube Goldberg farce, the government should do the basics to help farmers. It should scuttle tariffs, halt subsidies, eliminate costly shipping levies, create a guest-worker program so farmers can have a consistent labor source, lower taxes, bolster water infrastructure and let markets do the rest.”
https://reason.com/2025/05/23/farmers-need-free-markets-not-tariffs-and-welfare/
17 States Sue Trump Administration for Its Anti-Wind Energy Policy
“Under Trump, who promised to implement a policy “where no windmills are being built,” the federal government has bolstered fossil fuel projects and deterred renewable energy development. The Bureau of Ocean Energy Management recently halted the construction of an offshore wind project that would power 500,000 homes, whose federal lease was approved in 2017 under the first Trump administration. The Environmental Protection Agency has also rescinded Clean Air Act permits for a New Jersey offshore wind project, which had “devoted extensive time and resources to follow a complex, multi-year permitting process, resulting in final project approvals that conform with the law,” according to the project’s developer.”
https://reason.com/2025/05/06/17-states-sue-trump-administration-for-its-anti-wind-energy-policy/
Both Biden’s and Trump’s Policies Are Making E.V.s More Expensive
“E.V. batteries carry a much heavier burden than their traditional counterparts, powering not just the car’s electronics but also the motor. Slate plans to build its truck with batteries made from nickel, manganese, and cobalt (NMC). NMC batteries were common for many years, but automakers are starting to switch to lithium iron phosphate (LFP) batteries. Each has benefits, but overall, LFP batteries are cheaper, they charge faster and last longer, and their components are more easily sourced.
Still, Slate plans to use more expensive and less efficient NMC batteries because it’s the only way to qualify for the federal rebate.”
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“The Inflation Reduction Act established very particular sourcing requirements for the E.V. tax credits: By the end of the decade, a vehicle can only qualify for the credit if 100 percent of its battery’s components are “manufactured or assembled in North America” and 80 percent of the battery’s critical minerals are “extracted or processed in the United States or a U.S. free-trade agreement partner or recycled in North America.””
https://reason.com/2025/05/06/both-bidens-and-trumps-policies-are-making-e-v-s-more-expensive/
What They Don’t Tell Us About Climate Change | Senator Sheldon Whitehouse
Home insurance in California and Florida is up big thanks to climate change. Polluters get a massive subsidy through their pollution’s negative externality, and they spend the big bucks on lobbyists and propaganda to prevent environmental protection.
https://www.youtube.com/watch?v=ZHTDDJtuWv4
Stop Subsidizing the ‘Sport of Kings’
“There are federal tax benefits for racehorses (although there’s a chance they might soon expire) and some states exempt racehorses from their sales taxes. Other states own the racetracks.”
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“”The obvious solution here is also the simplest: Just stop,” Shachtman wrote. “Let the sport stand on its own and dwindle to whatever size its fan base supports. Instead, state legislatures keep funneling money to it.””
https://reason.com/2025/04/29/stop-subsidizing-the-sport-of-kings/
Markets Don’t Want More Coal. Trump Is Propping Up the Industry Anyway.
“Coal’s decline was not caused by a federal plot to transition away from coal, like Trump thinks, but rather by markets and innovation. Advancements in renewable energy technologies—which were, and continue to be, supported by subsidies—made the energy source more attractive to investors. Breakthroughs in horizontal drilling in the early 2000s brought a flood of cheap and abundant natural gas to the market. These technologies priced coal out, which lowered energy bills for consumers and significantly reduced greenhouse gas emissions in the United States.
The energy source is also not as cost-effective as the executive order claims. Coal plants are expensive to build and operate, and transportation costs can exceed the price of coal at the mine. These economic factors have informed investors and utilities not to build coal-fired power plants—the most recent large plant was built in 2013—which has made the current fleet of these power plants less efficient than other energy sources.
To be sure, some regulatory barriers, including federal air quality standards and state-level bans, have made coal less competitive. However, “it is the market that explains coal’s decline better than regulations,” Philip Rossetti, an energy policy analyst at the R Street Institute, tells Reason.”
https://reason.com/2025/04/10/markets-dont-want-more-coal-trump-is-propping-up-the-industry-anyway/
Johnson faces brewing GOP rebellion after farm aid deal collapses
“House Agriculture Chair G.T. Thompson (R-Pa.) said Saturday that he will oppose any spending measure that leaves out the billions in extra aid farm state Republicans were seeking for farmers still reeling from Donald Trump’s 2018 trade war, inflation, a delayed five-year farm bill reauthorization and a raft of other economic pressures. Republicans in agriculture-heavy states and some Democrats have warned about a crippling economic crisis hitting rural America, which overwhelmingly supported Trump in the last election.”
https://www.politico.com/news/2024/12/15/johnson-farm-aid-deadline-00194390
Health care costs could spike for millions of families
“For millions of families, a spike in health care costs might be around the corner because crucial subsidies are set to expire at the end of next year. Some families will see their premiums rise by thousands of dollars; others might lose their insurance altogether.
In 2021, President Joe Biden signed into law the American Rescue Plan Act, which included a provision that enhanced the premium tax credit — a piece of the Affordable Care Act (ACA) that subsidized the cost of premiums for some lower- and middle-income families. The Biden-era enhancements, which essentially expanded the number of people who qualify for the tax credit, were originally set to expire at the end of 2022, but Congress extended them through 2025 when it passed the Inflation Reduction Act. (For families at or slightly above the poverty line, the enhanced tax credit subsidizes the full premium. For people making more than 400 percent of the poverty line — people who were previously ineligible for this subsidy — it caps their premiums to 8.5 percent of their income.)
The enhanced premium tax credits contributed to a record number of insured people in the United States. In February 2021, before Congress expanded the premium tax credits, 11.2 million people were enrolled in health coverage through ACA marketplaces. By 2024, that number shot up to 20.8 million people.
There are many reasons for the dramatic increase in marketplace coverage — including the fact that millions of people were disenrolled from Medicaid coverage after Covid emergency measures lapsed and had to turn to other forms of insurance, including the marketplace — but the enhanced premium tax credit played a critical role. Its expansion was the main reason so many more people were able to enroll in health care coverage from the ACA marketplace, according to the Kaiser Family Foundation.
If Congress allows the enhanced premium tax credits to expire, millions of people will see a noticeable rise in out-of-pocket expenses. Many will likely lose their coverage, and that’s without considering how much more will be at stake if Medicaid gets slashed as well. For low-income families, particularly those who live just above the poverty line, that could be a nightmare.”
https://www.vox.com/policy/387424/enhanced-premium-tax-credit-health-care-marketplace-aca