Energy Secretary Chris Wright has heard a lot of doomsday predictions about the rollback of wind and solar subsidies in President Trump’s sweeping tax cut bill.
He has one simple answer: “They’re just wrong.”
Mr. Wright, a former fracking executive with roots in solar and geothermal, said intermittent renewables are a costly impediment on the nation’s electrical grid, and the sooner they are replaced by reliable sources such as natural gas, coal or nuclear, the faster costs will come down.
“If you look at the places that have spent the most subsidies and built the largest amount of wind and solar, the more cheap energy you put on our grid, the more expensive the grid becomes,” Mr. Wright said in an interview with The Washington Times.
The cost of cutting taxes in Mr. Trump’s Big Beautiful Bill is paid for in part by axing a slate of subsidies for green