
The Trump administration on Monday slapped wind and solar power companies operating on federal lands with retroactive rent bills. (Photo: Axel Schmidt/AFP/Getty Images)
'Not Just Bad, It's Pathological': While Pushing Big Oil Bailouts, Trump Slaps Wind and Solar Industry With $50 Million in Old Rent Bills
"Robbing from a clean energy future to prop up the dirty energy past."
While giving fossil fuel companies access to relief funds ostensibly meant for small businesses struggling due to the coronavirus pandemic, the Trump administration on Monday slapped solar and wind power firms with retroactive rent bills dating back two years.
The Interior Department is demanding rent payments from renewable energy companies operating on federal lands, two years after it suspended rent for the operators as it investigated whether the Obama administration had charged too much.
The administration plans to collect $50 million in rent this year from 96 companies operating on federal property--the same amount of money that a recent report showed is going to fossil fuel companies in loans through the Paycheck Protection Program (PPP). As Common Dreams reported earlier this month, the oil and gas companies may not have to pay those loans back.
Energy Secretary Dan Brouillette also admitted last week that the White House pushed the Federal Reserve to open its Main Street Lending Program to the oil and gas industries.
Susan Hassol of the climate research firm Climate Communication wrote that the Trump administration's charging of "huge retroactive rents" for wind and solar operations while simultaneously pushing for tax giveaways and bailouts for the oil and gas companies is "robbing from a clean energy future to prop up a dirty past."
The retroactive rent bills come as the solar, wind, and geothermal industries have seen many projects delayed due to the pandemic. The crisis has left many companies unable to access federal subsidies and has cut the industries' projected growth for this year by as much as 10%.
On Twitter, Doug Parr of Greenpeace UK called the administration's treatment of renewable energy companies versus its insistence on aiding fossil fuels "not just bad" but "pathological."
Earlier this month, the Institute for Energy Economics and Financial Analysis called any financial aid given to the fossil fuel sector "a complete waste of money," especially after oil prices fell in late April to negative-$37 per barrel and prompted calls for the government to nationalize the industry.
We are at a crossroads
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. Our Fall Campaign is underway, and we need your help. To power our newsroom through the rest of the year, we need to raise $125,000 by midnight on October 31. So if you share our vision, please contribute whatever you can to sustain our work. |
While giving fossil fuel companies access to relief funds ostensibly meant for small businesses struggling due to the coronavirus pandemic, the Trump administration on Monday slapped solar and wind power firms with retroactive rent bills dating back two years.
The Interior Department is demanding rent payments from renewable energy companies operating on federal lands, two years after it suspended rent for the operators as it investigated whether the Obama administration had charged too much.
The administration plans to collect $50 million in rent this year from 96 companies operating on federal property--the same amount of money that a recent report showed is going to fossil fuel companies in loans through the Paycheck Protection Program (PPP). As Common Dreams reported earlier this month, the oil and gas companies may not have to pay those loans back.
Energy Secretary Dan Brouillette also admitted last week that the White House pushed the Federal Reserve to open its Main Street Lending Program to the oil and gas industries.
Susan Hassol of the climate research firm Climate Communication wrote that the Trump administration's charging of "huge retroactive rents" for wind and solar operations while simultaneously pushing for tax giveaways and bailouts for the oil and gas companies is "robbing from a clean energy future to prop up a dirty past."
The retroactive rent bills come as the solar, wind, and geothermal industries have seen many projects delayed due to the pandemic. The crisis has left many companies unable to access federal subsidies and has cut the industries' projected growth for this year by as much as 10%.
On Twitter, Doug Parr of Greenpeace UK called the administration's treatment of renewable energy companies versus its insistence on aiding fossil fuels "not just bad" but "pathological."
Earlier this month, the Institute for Energy Economics and Financial Analysis called any financial aid given to the fossil fuel sector "a complete waste of money," especially after oil prices fell in late April to negative-$37 per barrel and prompted calls for the government to nationalize the industry.
While giving fossil fuel companies access to relief funds ostensibly meant for small businesses struggling due to the coronavirus pandemic, the Trump administration on Monday slapped solar and wind power firms with retroactive rent bills dating back two years.
The Interior Department is demanding rent payments from renewable energy companies operating on federal lands, two years after it suspended rent for the operators as it investigated whether the Obama administration had charged too much.
The administration plans to collect $50 million in rent this year from 96 companies operating on federal property--the same amount of money that a recent report showed is going to fossil fuel companies in loans through the Paycheck Protection Program (PPP). As Common Dreams reported earlier this month, the oil and gas companies may not have to pay those loans back.
Energy Secretary Dan Brouillette also admitted last week that the White House pushed the Federal Reserve to open its Main Street Lending Program to the oil and gas industries.
Susan Hassol of the climate research firm Climate Communication wrote that the Trump administration's charging of "huge retroactive rents" for wind and solar operations while simultaneously pushing for tax giveaways and bailouts for the oil and gas companies is "robbing from a clean energy future to prop up a dirty past."
The retroactive rent bills come as the solar, wind, and geothermal industries have seen many projects delayed due to the pandemic. The crisis has left many companies unable to access federal subsidies and has cut the industries' projected growth for this year by as much as 10%.
On Twitter, Doug Parr of Greenpeace UK called the administration's treatment of renewable energy companies versus its insistence on aiding fossil fuels "not just bad" but "pathological."
Earlier this month, the Institute for Energy Economics and Financial Analysis called any financial aid given to the fossil fuel sector "a complete waste of money," especially after oil prices fell in late April to negative-$37 per barrel and prompted calls for the government to nationalize the industry.

