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Daily Caller

Trump’s ‘Big, Beautiful Bill’ Smashes Biden’s Signature Climate Law Into Pieces

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From the Daily Caller News Foundation

By David Blackmon

After an all-night bargaining session, the House of Representatives passed the “One Big Beautiful Bill Act” in the wee hours of Thursday morning on a mainly party-line vote.

“It quite literally is again Morning in America,” House Speaker Mike Johnson said on the House floor following the vote. “After four long years of President Biden’s failures, President Trump’s America first agenda is finally here.”

Among many key provisions where energy is concerned, the bill eliminates subsidies for wind and solar installations contained in the Orwellian Inflation Reduction Act (IRA) of 2022 faster than previous versions would. The previous bill draft would have phased them out starting in 2029. The new version eliminates them in full at the end of 2026 – any proposed projects not permitted by that time would become ineligible for the credit. Projects that meet the permitting deadline would have to begin generating electricity no later than the end of 2028 or face elimination of their subsidies.

Naturally, boosters of intermittent, unreliable electricity generation from wind and solar installations immediately rolled out messaging claiming that the elimination of the subsidies would spell an end to their industry’s growth in the United States, a claim that may well be accurate.

What they don’t seem to realize is that by using these talking points, they are admitting that their industry lacks a business case for continued expansion. Any business model that cannot survive without taking in an unending stream of government rents is a business model that deserves to fail.

The significance of the prospective elimination of the IRA credits was starkly illustrated by big data and analysis firm Enverus in a report released in early May, its “2025 Interconnection Queue Outlook.” In that report, Enverus details the critical impact those subsidies have had on the rapid growth of wind and solar since 2022, while also resulting in huge backup queue for interconnection in the various U.S. regional power grids.

Enverus’s researchers point out that “generous tax credits from the Inflation Reduction Act and the EPA’s update to 40 CFR Part 60, which mandates additional coal retirements, have significantly boosted demand for renewable energy projects across the United States.” Indeed, the “surge in investment and development” in the past three years has been so substantial that it “has overwhelmed interconnection queues, with a record number of projects seeking grid connections.”

This reality has created a situation in which developers of proposed wind and solar arrays must often wait in line for years before being approved for grid interconnection. As a result, Enverus finds that “[o]nly a fraction of capacity in the interconnection queues are expected to reach operation.” The company’s gradient-boosting machine learning model estimates that just “~10% of projects will successfully come online in the next three years.”

If Enverus’s analysis is right – and the company has a strong track record – just 10% of the projects already in the queue will be able to meet the end-of-2028 deadline contained in the House bill passed Thursday. This reality would essentially eliminate any hope that projects planned to be permitted in future years could benefit from the IRA largesse.

The same House bill passed Thursday also enhances the ability for new nuclear projects to access the IRA’s enhanced investment tax credit. The IRA only allowed access to the credit for nuclear projects once they begin delivering electricity as the Biden administration and Democrat congress of 2022 strove to disadvantage all alternatives to their client renewables industries. The new House version would allow such projects to access the tax credit immediately upon start of construction, a provision strongly preferred by Energy Secretary Chris Wright.

In an exchange with Tennessee Republican Sen. Bill Hagerty on Wednesday, Wright told the Senate Appropriations Subcommittee on Energy and Water Development that nuclear is “the critical technology that could scale wildly beyond where it is today, which is just electricity production into huge scale…I am all in with you on advancing nuclear…Nuclear is the [energy source] that could burst through.”

Where energy is concerned, the One Big Beautiful Bill Act presents a nod to the realities of a dramatically changed political landscape, and to the fact that the energy alternatives favored by the previous administration won’t do the job. Elections do still matter in America.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.

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Crime

‘We’re Going To Lose’: Steve Bannon Warns Withholding Epstein Files Would Doom GOP

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From the Daily Caller News Foundation

By Jason Cohen

Former White House adviser Steve Bannon warned on Friday that Republicans would suffer major losses if President Donald Trump’s administration does not move to release documents related to deceased pedophile Jeffrey Epstein’s crimes and associations.

Axios reported on Sunday that a two-page memo showed the Department Of Justice (DOJ) and FBI found no evidence Epstein kept a “client list” or was murdered, but public doubts have continued. Bannon said on “Bannon’s War Room” that failure to release information would lead to the dissipation of one-tenth of the Make America Great Again (MAGA) movement and significant losses for the Republican Party in the 2026 midterms and the 2028 presidential election.

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“It’s not about just a pedophile ring and all that, it’s about who governs us, right? And that’s why it’s not going to go away … For this to go away, you’re going to lose 10% of the MAGA movement,” Bannon said. “If we lose 10% of the MAGA movement right now, we’re going to lose 40 seats in ’26, we’re going to lose the [presidency]. They don’t even have to steal it, which they’re going to try to do in ’28, because they’re going to sit there and they go, ‘They’ve disheartened the hardest-core populist nationalists’ — that’s always been who governs us.”

Bannon also demanded the publication of all the Epstein documents on “Bannon’s War Room” Thursday. He called on the DOJ to go to court and push for the release of the documents or for Trump to appoint a special counsel to manage the publication.

Epstein was arrested in 2019 and charged with sex trafficking. Shortly after, he was found dead in his New York Metropolitan Correctional Center cell shortly after. Officials asserted that he hanged himself in his cell.

However, Epstein’s death has sparked years of theories because of the malfunctioning of prison cameras, along with guards admitting to falsifying documents about checking on the then-inmate. The DOJ inspector general later confirmed that multiple surveillance cameras outside of his cell were inoperable, while others captured the common area outside his door.

Both Bannon and Daily Caller News Foundation co-founder Tucker Carlson have speculated that Epstein had connections to intelligence agencies.

Former Labor Secretary Alex Acosta allegedly indicated that Epstein was tied to intelligence, according to Vicky Ward in The Daily Beast.

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Business

UN’s ‘Plastics Treaty’ Sports A Junk Science Wrapper

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From the Daily Caller News Foundation

By Craig Rucker

According to a study in Science Advances, over 90% of ocean plastic comes from just 10 rivers, eight of which are in Asia. The United States, by contrast, contributes less than 1%. Yet Pew treats all nations as equally responsible, promoting one-size-fits-all policies that fail to address the real source of the issue.

Just as people were beginning to breathe a sigh of relief thanks to the Trump administration’s rollback of onerous climate policies, the United Nations is set to finalize a legally binding Global Plastics Treaty by the end of the year that will impose new regulations, and, ultimately higher costs, on one of the world’s most widely used products.

Plastics – derived from petroleum – are found in everything from water bottles, tea bags, and food packaging to syringes, IV tubes, prosthetics, and underground water pipes.  In justifying the goal of its treaty to regulate “the entire life cycle of plastic – from upstream production to downstream waste,” the U.N. has put a bull’s eye on plastic waste.  “An estimated 18 to 20 percent of global plastic waste ends up in the ocean,” the UN says.

As delegates from over 170 countries prepare for the final round of negotiations in Geneva next month, debate is intensifying over the future of plastic production, regulation, and innovation. With proposals ranging from sweeping bans on single-use plastics to caps on virgin plastic output, policymakers are increasingly citing the 2020 Pew Charitable Trusts reportBreaking the Plastic Wave, as one of the primary justifications.

But many of the dire warnings made in this report, if scrutinized, ring as hollow as an empty PET soda bottle. Indeed, a closer look reveals Pew’s report is less a roadmap to progress than a glossy piece of junk science propaganda—built on false assumptions and misguided solutions.

Pew’s core claim is dire: without urgent global action, plastic entering the oceans will triple by 2040. But this alarmist forecast glosses over a fundamental fact—plastic pollution is not a global problem in equal measure. According to a study in Science Advances, over 90% of ocean plastic comes from just 10 rivers, eight of which are in Asia. The United States, by contrast, contributes less than 1%. Yet Pew treats all nations as equally responsible, promoting one-size-fits-all policies that fail to address the real source of the issue.

This blind spot has serious consequences. Pew’s solutions—cutting plastic production, phasing out single-use items, and implementing rigid global regulations—miss the mark entirely. Banning straws in the U.S. or taxing packaging in Europe won’t stop waste from being dumped into rivers in countries with little or no waste infrastructure. Policies targeting Western consumption don’t solve the problem—they simply shift it or, worse, stifle useful innovation.

The real tragedy isn’t plastic itself, but the mismanagement of plastic waste—and the regulatory stranglehold that blocks better solutions. In many countries, recycling is a government-run monopoly with little incentive to innovate. Meanwhile, private-sector entrepreneurs working on advanced recycling, biodegradable materials, and AI-powered sorting systems face burdensome red tape and market distortion.

Pew pays lip service to innovation but ultimately favors centralized planning and control. That’s a mistake. Time and again, it’s been technology—not top-down mandates—that has delivered environmental breakthroughs.

What the world needs is not another top-down, bureaucratic report like Pew’s, but an open dialogue among experts, entrepreneurs, and the public where new ideas can flourish. Imagine small-scale pyrolysis units that convert waste into fuel in remote villages, or decentralized recycling centers that empower informal waste collectors. These ideas are already in development—but they’re being sidelined by policymakers fixated on bans and quotas.

Worse still, efforts to demonize plastic often ignore its benefits. Plastic is lightweight, durable, and often more environmentally efficient than alternatives like glass or aluminum. The problem isn’t the material—it’s how it has been managed after its use. That’s a “systems” failure, not a material flaw.

Breaking the Plastic Wave champions a top-down, bureaucratic vision that limits choice, discourages private innovation, and rewards entrenched interests under the guise of environmentalism. Many of the groups calling for bans are also lobbying for subsidies and regulatory frameworks that benefit their own agendas—while pushing out disruptive newcomers.

With the UN expected to finalize the treaty by early 2026, nations will have to face the question of ratification.  Even if the Trump White House refuses to sign the treaty – which is likely – ordinary Americans could still feel the sting of this ill-advised scheme.  Manufacturers of life-saving plastic medical devices, for example, are part of a network of global suppliers.  Companies located in countries that ratify the treaty will have no choice but to pass the higher costs along, and Americans will not be spared.

Ultimately, the marketplace of ideas—not the offices of policy NGOs—will deliver the solutions we need. It’s time to break the wave of junk science—not ride it.

Craig Rucker is president of the Committee For A Constructive Tomorrow (www.CFACT.org).

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