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Elon Musk Threatens to Quit Advisory Panel if Donald Trump Cuts Energy Taxes, Subsidies
Breitbart.com ^ | 31 May 2017 | Neil Munro

Posted on 06/01/2017 5:49:35 AM PDT by Rockitz

Elon Musk is threatening to resign from President Donald Trump’s business advisory panel if he extracts Americans from the Paris Climate Agreement which indirectly subsidizes Musk’s multiple billion-dollar business projects.

The Wednesday threat came after news reports announced that Trump has decided to quit the 2016 agreement, which critics say would increase energy costs for U.S. consumers, factories and workplaces.

The threat was delivered via a pair of tweets from the entrepreneur, who has skillfully harnessed a variety of federal regulations to subsidize his Tesla electric-car company, his SolarCity energy company, and a Nevada battery factory.

Trump is under huge pressure from his supporters and many business groups to quit President Barack Obama’s Paris deal, which has not been sent to the Senate for approval. When shaking hands on the deal, Obama promised the United States would reduce “global warming” by cutting U.S. emission of “greenhouses gases” by one-quarter by 2025, chiefly by taxing natural fuels and subsidizing new solar energy.

Trump’s decision to quit the Paris deal would help many U.S. manufacturing industries by reducing the cost of energy from burning coal, oil, and natural gas. That cheaper energy would be a big gain for the hard-pressed manufacturing communities in the midwestern states whose voters carried Trump over the Democrats’ “Blue Wall” November 8, 2016.

But if Trump pulls out of the Paris deal, it will damage the political support and government subsidies given by Democrats to the new low-carbon industries concentrated in the Democratic-voting West and Southwest...

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Extended News; Government
KEYWORDS: elonmusk; musk; parisclimate; spacex; tesla
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To: Ben Hecks

You can’t spend 15 minutes on streets in Manhattan Beach without seeing one.


41 posted on 06/01/2017 8:44:40 AM PDT by Yaelle (#IStandWithHannity)
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To: Tax-chick

I dunno. I just don’t see a real upside in marriage for guys anymore. Unless things go back the way they were, or even if guys had the same rights as women in family court cases and the risks to women in court were the same as mens, there are no upsides for men in marriage.


42 posted on 06/01/2017 8:48:51 AM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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Comment #43 Removed by Moderator


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