Let's talk about GOP districts finding out about investments....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 17 February 2025
⏱️ 4 minutes
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Summary
Let's talk about GOP districts finding out about investments....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's Bell again. |
| 0:04.0 | So today, we're going to talk about GOP districts hitting the next find-out stage. |
| 0:10.0 | This time, it's investment in their districts when it comes to new tech and greener energy. |
| 0:16.0 | Under Biden, there was a surge in investment in greener infrastructure. |
| 0:22.2 | From about 18 months after his inauguration on, there was normally more than a billion |
| 0:27.5 | dollars per month in new energy projects being announced. It seemed unstoppable. |
| 0:33.4 | Of those investments, red congressional districts benefited the most. |
| 0:38.5 | 62% of the projects were going to red districts. |
| 0:42.3 | 71% of the jobs. |
| 0:45.1 | 82% of the total dollar amount. |
| 0:48.6 | Now, there's been a change in leadership. |
| 0:51.7 | Last month, instead of the normal billion dollars or so, it was only |
| 0:56.0 | $176 million. If you take away GE Verona's sprawling and long-planned projects, it drops |
| 1:04.3 | to a bit more than $50 million. But the drop in investment is actually not the biggest worry. |
| 1:11.5 | With Trump in office, cleaner energy companies are getting cold feet. |
| 1:16.2 | Cancellations of projects are mounting. |
| 1:19.2 | Since they got the bulk of the new projects, jobs, and investments, |
| 1:23.3 | they're also getting the bulk of the cancellations. |
| 1:26.4 | If I'm reading the numbers correctly, it looks like they lost $2.7 billion in investment |
| 1:32.2 | and 1,300 jobs just last month. |
| 1:36.8 | E2, which is a nonpartisan group of investors, business leaders, and so on, |
| 1:41.8 | who advocate for environmentally friendly economic buildout, |
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