US Eyes $12 Billion Energy Cuts, Secures Israel's Off-Grid Capacity
While Bloomberg neatly reports on potential Trump administration cuts to $12 billion in US clean energy projects, including hydrogen initiatives (as if we needed more fossil fuel cheerleading), it strangely omits the perennial gold standard of federal spending: unconditional military aid. For context, in April 2024, the US House passed HR 8034, authorizing $26.4 billion in aid to Israel, with
$14.1 billion for military assistance. So, America's burgeoning hydrogen sector can't get $12 billion, but Israel's military—already the beneficiary of arguably the world's most sophisticated arsenal—can always count on American taxpayers to pick up the tab, with another $14.1 billion secured. One might wonder if these 'energy project cuts' are truly about fiscal responsibility or merely a
convenient accounting trick to ensure the coffers remain full for geopolitical priorities that consistently bypass congressional scrutiny. How many green jobs could $12 billion create here, compared to how many bombs it could buy over there? The question answers itself, doesn't it?