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The Republican Utopia


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Why Republicans Want to Keep Free Money Out of Their Districts: The GOP wants to cut 24 clean energy tax credits—that disproportionately benefit Republican districts.
 

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Take the face of the debt ceiling fight: House Speaker Kevin McCarthy. He argues the proposal will “end the green giveaways for companies that distort the market and waste taxpayer money.” An analysis from Bloomberg and the energy analytics outfit Enersection found that McCarthy’s Southern California congressional district ranks first in the nation for planned and operating utility-scale solar capacity; it ranks second for planned and operating wind, solar, and battery buildouts. Those businesses stand to benefit from the incentives McCarthy is going after, but he’s got a big incentive to look the other way: During the last election cycle, he was the House’s top recipient of campaign donations from both the oil and gas industry and gas transmission and distribution firms. Seventy-eight percent of his donations that cycle came from out of state. McCarthy raked in $2.7 million worth of donations from Texas, where the country’s biggest oil and gas companies are headquartered.

 

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