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Get Rich Green Schemes

Steven Place  |  September 28, 2022

Don’t you wish, just for a day, you could get away with the same crap that congress does?

Like the naming conventions for all the bills they pass?

Instead of getting nagged for leaving your dirty socks on the bedroom floor…

… you could just call it a “low impact exercise program for busy moms”.

Instead of your boss giving you the stink eye when you try to skate early on a Friday…

… you could just say it’s part of a “weekend expansion package to improve morale.”

It’d be a lot less of a stretch than the laughably-named “Inflation Reduction Act”.

You can’t spend your way out of inflation anymore than you can eat yourself skinny… it’s just not how it works.

But that’s not going to stop these clowns from continuing to relieve themselves on our legs while telling us it’s a warm, summer rain…

Here’s what’s cooked in:

  • 10-20% increase in energy credits for solar/wind projects in low-income communities
  • Extends residential clean energy credit
  • Tax credits for solar and wind energy manufacturing
  • And a ton more.

If you’ve been paying attention you already know this bill is a giant Get Rich Green Scheme for the Democrat voter base.

Here’s what is baked in…

  • 10-20% increase in energy credits for solar/wind projects in low-income communities
  • Extends residential clean energy credit
  • Tax credits for solar and wind energy manufacturing
  • And a ton more.

The bill is going to massively misalign incentives, and will almost certainly make the environment worse.

Worse you say Steve?

Well, when you consider that every ton of silicon that you need for solar panels requires:

  • 1212 lbs of Coal
  • 441 lbs of Oil Coke (solid oil products that are produced post-refining)
  • 1322 lbs of charcoal
  • 661 lbs of woodchips

Here’s the source material on these little factoids if you’re curious.

So it doesn’t help the environment, it doesn’t reduce inflation, it won’t “defeat Putin”...

But it can make you money!

Boondoggles that funnel cash to the clean energy industry are really just dark money pools for coal.

Take a peek at this chart:

Chart
Chart

It’s a coal mining company… it’s come down a bit because of the recent relief in energy prices…

But we believe its fortunes could change very quickly.

Coal mining companies almost NEVER see any insider buying due to the nature of the industry…

But here, we’ve got an insider moving in and picking up shares for the first time!

This is exactly the sort of thing we look for.

Want to know more about this opportunity?

>>> Cash In On “Coal-Powered” Solar

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Author:

Steven Place
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