What Happens To Wyoming Wind Farms When The Money Runs Out?

What will they do when the money runs out?

And the money is going to run out.

The Biden administration continues its attempts to transition America away from organic fuels like coal, gas, and oil.

The Northern Arapaho Tribe and the city of Cheyenne have access to a $4.6 billion pot of federal money set aside by Congress in an effort to "reduce carbon emission."

In April of 2024, they will submit grant applications for energy and community projects.

“It could be huge,” Wyoming Outdoor Council Energy and Climate Associate Jonathan Williams told WyoFile. “It’s going to be great for economic diversification and jobs and a lot of potential things that could come into our state because of what they’re able to apply for now.”

 

But Governor Mark Gordon rejected the offer last fall, accusing the EPA of a

“bait-and-switch” by insisting on changes that would “turn Wyoming and other states’ planning efforts upside down into a mandate to prematurely shut down Wyoming’s ‘all-of-the-above’ energy development approach,” (WyoFile).

The problem is that the Federal Government doesn't have the money it is offering up. 

Currently, the nation is well over $35 trillion in debt.

When we include unfunded liabilities and more it's more like $214 trillion.

This debt situation is so bad Congress borrows massive amounts of money every day just to pay the interest on the nation's debt.

We will soon reach a stage when the federal government won't be able to keep up with interest payments.

The U.S. will spend $870 Billion on interest on the debt in 2024 alone.

Most of that $870 Billion will be BORROWED!

So the Federal Government will borrow almost a trillion dollars to pay the interest on the money it had already borrowed?

That is NOT SUSTAINABLE!

Simply put, the feds do not have an endless supply of money to fund wind and solar energy, electric cars, and net zero projects.

Coal, natural gas, petroleum, and the internal combustion engine have never needed subsidies. They are cheap, reliable, and profitable.

"Green" energy and electric cars have proved to be bad for the environment on many levels, not to mention expensive and unreliable.

It's been seen in America, and all over the world, that when subsidies dry up these industries go out of business.

So, what does the future hold for these industries when the money runs out?