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‘Corporate Welfare’: Biden Uses Cold War-Era Policy to Fund Climate Change Project

via Washington Post

President Joe Biden has invoked the Defense Production Act to allocate $169 million for electric heat pump manufacturing, aiming to reduce gas-powered furnace usage.

The move has been criticized as “corporate welfare” and misusing wartime policies for a policy agenda.

The Biden administration justified the funding as a response to “climate change” and a national security measure.

“Getting more American-made electric heat pumps on the market will help families and businesses save money with efficient heating and cooling technology,” stated DOE Secretary Jennifer Granholm.

“These investments will create thousands of high-quality, good-paying manufacturing jobs and strengthen America’s energy supply chain, while creating healthier indoor spaces through home-grown clean energy technologies.”

“Today’s Defense Production Act funds for heat pump manufacturing show that President Biden is treating climate change as the crisis it is,” added senior advisor John Podesta.

“These awards will grow domestic manufacturing, create good-paying jobs, and boost American competitiveness in industries of the future.”

However, critics argued that the move unfairly favors one energy source over another and undermines the Defense Production Act’s intended purpose.

“This is absolutely shameful corporate welfare. But we’re to believe that, because it’s for the sake of climate change, all is well. I think that’s ridiculous,” Ben Lieberman, senior fellow at the Competitive Enterprise Institute stated.

“Of all the Biden administration’s claimed climate emergency declarations, this may be the craziest of them all,” he added.

“There is no shortage of heat pumps — it’s just that not every homeowner wants them. Consumers ought to decide for themselves.”

“The government has no role in tilting the balance in favor of one energy source over another. That’s clearly what’s happening here.”

“Increased use of natural gas has been responsible for sixty percent of the electrical grid’s CO2 emissions reductions,” American Gas Association (AGA) President and CEO Karen Harbert pressed.

“This vital tool for emissions reductions and energy system resilience should not be unfairly undermined through misuse of the Defense Production Act.”

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