Jon Powers

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Jon Powers

Jon Powers

@powersjon

Co-Founder CleanCapital, Iraq Veteran, and former White House Federal Chief Sustainability Officer - Plus a huge Buffalo Bills fan!

Buffalo, NY Beigetreten Temmuz 2009
3.6K Folgt2.3K Follower
Jon Powers retweetet
Michael Thomas
Michael Thomas@curious_founder·
The Senate: We need to get rid of all these clean energy subsidies and let the free market do it's thing. Also the Senate: We should give coal companies hundreds of millions of dollars to subsidize steel production in China.
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Michael Thomas
Michael Thomas@curious_founder·
The House is about to vote on a bill that could lead to hundreds of billions in lost energy infrastructure investments. Here are some of the Republican-led House districts with the most to lose. 1. Rep. Kiggans (VA-02): $12 billion at risk. 🧵
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Jon Powers@powersjon·
@AlexEpstein Clearly you h ave NEVER built or financed any infrastructure or you would know how it works.
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Alex Epstein
Alex Epstein@AlexEpstein·
Solar subsidy bros know the Senate just extended the Green New Scam till at least 2030.
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Alex Epstein@AlexEpstein

Senate fails to terminate Green New Scam The Senate bill *looks like* it has a 2027 "placed in service" cutoff for new solar/wind subsidies. But one last-minute paragraph makes it worthless—because projects making a recoverable 5% investment in the next 12 months are exempt! The idea of a 2027 "placed in service" cutoff was that new subsidies would actually end during the Trump administration. But under the last-minute carveout, Big Green has 12 months to initiate as many subsidized projects as it wants using the insanely-easy-to-meet "construction" threshold. (All you need to do is commit 5% of expected project cost to buying re-sellable assets like solar panels.) Once they declare "construction"—e.g., in July 2026—they'll have 4 years (e.g., July 2030) to "place in service." And then some of those projects, e.g., most wind projects, will get 10 years of subsidies. So we'll still have wind subsidies on Donald Trump's 94th birthday! Here's how much worse the Senate bill just got: * Two days ago: "Placed in service" by 12-31-27—with new subsidized solar/wind projects stopping very quickly, and Trump being able to let subsidies truly end. * Today: "Placed in service" by JULY 2030—with new subsidized solar/wind projects absolutely spamming the rid and ripping off taxpayers like never before, and Trump having no control over whether the subsidies end. The current Senate bill is arguably worse than the original Senate Finance one. At least that bill decreased solar/wind subsidies starting in 2026 to 60%. The current bill just increased them to 100%. The current bill is a solar/wind lobbyist's dream. It does not terminate the Green New Scam in any way, shape or form. It absolutely perpetuates it. And offensively so, I might add, by keeping the "placed in service" cutoff language so many people courageously fought for, then totally undoing it with a single last-minute paragraph that makes it worthless. If the Senate wanted to extend the Green New Scam it should have said so, not insulted our intelligence by trying to bury the extension in one sneaky little paragraph. PS Several Senators have already told me they didn't know about or understand this last-minute paragraph. If that's the case they should do whatever they can to fix the situation.

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Jon Powers@powersjon·
@AlexEpstein Also, I don't see you making the same arguments for #fossilfuel in your "philosophy"? That industry has had decades of tax benefits, why the hypocrisy? Is it because you are funded by them?
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Alex Epstein
Alex Epstein@AlexEpstein·
I think I’ve now refuted all the arguments for solar/wind subsidies. They all pretty much amount to one absurd idea: There’s huge demand for more electricity and only solar/wind can provide it, but without subsidies we won’t buy this electricity we have so much demand for. 🤡
Alex Epstein@AlexEpstein

Dear US Senators, Here is a refutation of every lobbyist lie that more solar/wind subsidies are good for electricity. FACT: SUBSIDIES HAVE PROVABLY REDUCED CAPACITY + RELIABILITY—AND INCREASED PRICES. More subsidies can only make things worse. Vote against extending them! ⚡️

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Jon Powers@powersjon·
@AlexEpstein Alex, I think you are missing the point. First solar and batteries are the fastest to get developed and built to meet that demand. Second, just so you understand demand vs supply, EVERYONE's energy prices are about to skyrocket because you are significantly limiting supply.
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Alex Epstein
Alex Epstein@AlexEpstein·
The subsidy-seekers always portray their wins as losses to make the subsidy-killers complacent. And then the subsidy-seekers just keep racking up these little wins and the subsidies never end. I am a new breed of subsidy-killer and I will never be complacent.
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Morgan Lyons@morgan_tigers

Jesus Christ, take the win dude. You just got 80-90% of all clean energy tax credits completely axed, basically on your own. How many more thousands of American workers do you want to lose their jobs?

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Michael Thomas
Michael Thomas@curious_founder·
If the House passes their big bill, they would be voting to cancel thousands of energy projects over the next decade. There's a reason that trade unions are calling this "the biggest job-killing bill in history."
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Jesse D. Jenkins
Jesse D. Jenkins@JesseJenkins·
Keep in mind: to get an energy project to the point where you've actually commenced construction, you have to invest significant capital in planning, site acquisition/leasing, engineering, grid interconnection studies, permitting, contracting long lead items etc. Even exempting projects that have commenced construction now, the GOP Budget Bill pending in the Senate today would raise taxes on hundreds of projects in development across the country. Amending the bill to permit projects commencing construction within 12 months of passage (and remove arbitrary placed in service deadlines) would be much fairer treatment of at-risk, pending investments.
Tyler Norris@tylerhnorris

The problem isn’t “ending subsidies.” It’s: 1) Abrupt termination after major capex is already sunk 2) Cutting eligibility at an arbitrary in-service cliff, blowing up project pipelines 3) Imposing extreme, unworkable FEOC rules that ignore supply chain realities 4) Slapping an excise tax on our fastest-to-deploy resources 5) Doing all this amid spiking demand, tariffs, rising grid upgrade costs, & permitting bottlenecks

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Jon Powers
Jon Powers@powersjon·
@ENERGY Oil is a global market place. Maybe @ENERGY should reimburse the @USNavy for defending the Strait of Hormuz to keep oil prices down. Why don't you have oil companies pay a tax per barrel to reimburse that cost every year?
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Alec Ward
Alec Ward@aleccward·
Now we look to the House for the future of American energy. Stay active, stay engaged! “Despite limited improvements, this legislation undermines the very foundation of America’s manufacturing comeback and global energy leadership." @SEIA's statement: bit.ly/4eOzbdn
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U.S. Department of Energy
.@SecretaryWright: "Our biggest source of reliable power today by far is natural gas. Our second biggest source is nuclear. And our third biggest source, right behind that is coal. So those are the three keys to the future of our electricity grid."
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Jon Powers@powersjon·
@AlexEpstein Have not seen you comment on this yet unless I missed it.
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Alex Epstein
Alex Epstein@AlexEpstein·
In the past the subsidy game has been dominated by subsidy-seekers, because subsidy-seekers have the motivation to take a lot of other people's money. Unfortunately for subsidy-seekers, my desire to establish energy freedom is far stronger than even your desire for my money. And because my motivation is pure, there will always be many people who trust me who will never really trust you. Subsidy-seekers, you may or may not win the current battle (I really hope not for the sake of American electricity). But in any case, from now on if you want to keep taking the unearned from others you will have to fight against a level of motivation and capability you've never had to deal with before.
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Solar and Storage Industry
The Ernst, Grassley, & Murkowski Amendment corrects several of the clean energy provisions that are most damaging to American workers, American businesses, and American energy leadership. SEIA encourages all Senators to support this amendment and thanks @SenJoniErnst, @lisamurkowski, and @ChuckGrassley for their responsible leadership.
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Jon Powers
Jon Powers@powersjon·
@chiproytx Congressman, let's make sure #Oil companies are reimbursing the @USNavy for securing the Strait of Hormuz too! You know they do that to keep prices down, so a simple tax per barrel to cover annual costs should work? Is that what you mean by end all subsidies?
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Chip Roy
Chip Roy@chiproytx·
100%. End all subsidies. Right now, the OBBB still leaves in place about half of the subsidies…
Alex Epstein@AlexEpstein

I agree, we should definitely allow @elonmusk and others to make battery packs and sell them to utilities. In many situations they have a lot of value. But taxpayers should not to be forced to pay for 30+% of the cost these projects, which is the grift created by the IRA.

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Jon Powers
Jon Powers@powersjon·
ACTION NEEDED: Overall, the #BigBeautifulBill is terrible for the #Solar industry but we have a window of time to try to make some improvements. There are a few Amendment’s moving through the Senate. NOW is the time to call your Senators (seia.quorum.us/campaign/13221…), information is below: Amendment 2704, Sponsored by Sen. Ernst (R-IA), Sen. Grassley (R-IA), Sen. Murkowski (R-AK): 1. Reverts to the Senate Finance Committee language on commence construction and phase downs for solar and wind projects (i.e., for years in which construction begins: 2025, 100% of credit value is available; 2026, 60% of credit value is available; 2027, 20% of credit value is available; and 2028 and beyond, no credits are available); 2. Codifies current safe harbor rules for projects that have commenced construction; 3. Strikes the new excise tax; 4. Eliminates the integrated component restrictions on 45X; 5. Delays implementation of FEOC material assistance until 2026. This would allow projects time to adapt. The current Senate mark required compliance for solar projects retroactive to June 17, 2025; and 6. Extends customs user fees through 2035 to fully offset any revenue impact on HR 1. Amendment 2719, Sponsored by Sen. Hickenlooper (D-CO): 1.Delays the phasedown of the residential solar tax credit to the end of 2026. Now that we have secured these amendments, it’s time to call your Senators and tell them to support these amendments (seia.quorum.us/campaign/13221…) . The vote-a-rama will continue into the afternoon with a final vote likely in the early evening.  Keep the messaging SIMPLE! “Vote FOR Amendments 2704 and 2719.” This is a CRITICAL moment in the fight, so get on the phone!
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Clean Energy Business Network
Clean Energy Business Network@CleanEnergyBiz·
The energy industry has played a significant role in strengthening Kansas’ economy and workforce. Several CEBN members based in the state shared with the Kansas Reflector the positive impact the tax credits have had on their business and the importance of its protection.
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Jon Powers
Jon Powers@powersjon·
Can we all agree that this is a STUPID way to pass major policy legislation that will affect so many Americans? This is a continuation of the "flood the zone strategy" and it will kill jobs, raise energy prices & shut down rural hospitals. At least let's debate it.
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Doug Lewin
Doug Lewin@douglewinenergy·
Here's what batteries were doing on the Texas grid yesterday. It's happening y'all! We're so close to having higher reliability AND massive room for growth for AI data centers, robotics, manufacturing, etc. But the President & Congress want to derail it. So short-sighted.
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Elon Musk@elonmusk

Grid-scale battery packs allow greater use of existing power plants by storing energy during low demand times and releasing when demand is high

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