DARK MODE:
National File
  • Home
  • News
  • Culture
  • Politics
  • GAB
  • Telegram
  • About
    • Subscribe
    • Podcast
    • Minds
  • TV
  • Store
    • My account
    • Cart
    • Checkout
  • Donate
    • Donate Crypto
No Result
View All Result
  • Home
  • News
  • Culture
  • Politics
  • GAB
  • Telegram
  • About
    • Subscribe
    • Podcast
    • Minds
  • TV
  • Store
    • My account
    • Cart
    • Checkout
  • Donate
    • Donate Crypto
No Result
View All Result
National File
No Result
View All Result

EXCLUSIVE: Chinese Communists Profit Millions From Texas Governor Abbott’s ‘Green New Deal’

An energy company with ties to the Chinese Communist Party profits millions annually from tax abatements, Renewable Energy Credits, provided by Greg Abbott’s green energy policies.

Tom Dees by Tom Dees
February 24, 2021
5
EXCLUSIVE: Chinese Communists Profit Millions From Texas Governor Abbott’s ‘Green New Deal’
Share on FacebookShare on Twitter
Share to Gab

Texas Governor Greg Abbott’s green energy policies paved the way for companies like GH America and Goldwind Americas, both with deep ties to the Chinese Communist Party, to profit millions from tax abatements and Renewable Energy Credits (RECs) at the taxpayer’s expense.

Goldwind Americas purchased Rattlesnake LLC in 2016. Comptroller documents show that the Rattlesnake wind farm receives over $3.8 million in annual property tax abatement from the Brady ISD and will continue to receive this financial help until at least 2026. 

Covfefe Coffee

The investments gave the Chinese government direct access to Texas’ energy grid and sensitive national security information, including security assessments affecting the grid’s health and performance. National File previously reported on the threat that Chinese energy companies pose to Texas’ energy grid and national security. 

In a statement to National File, Cary Cheshire, President of Texans for Fiscal Responsibility, dubbed Governor Abbott’s slew of green proposals, “Abbott’s Green New Deal.”

Cary suggested, “Despite sitting on some of the world’s largest deposits of reliable and dependable fuels, Gov. Greg Abbott and the Texas state government have been administering their own Green New Deal by doling out over $10 billion in taxpayer dollars to subsidize operators of wind and solar energy.” 

He continued, “This state-administered Green New Deal has undermined the strength of our electric grid while transferring wealth from taxpayers and ratepayers to crony insiders and foreign governments.”

The unearthed documents published by the Texas Comptroller’s Office highlight the archaic nature of Governor Abbott’s green energy policies. The state’s tax code, specifically Sec. 312 and 313, empower local school districts to establish “reinvestment zones” where companies can apply for 10-year tax abatement, sheltering them from millions in potential property taxes meant to fund Texas’ public schools. 

Rather than allow these arrangements to siphon millions from Texas public education, however, the Texas legislature reimburses the school districts for qualified tax abatements that invest in renewable energy technologies and improvements — like wind turbines and solar panels.

The Electric Reliability Council of Texas (ERCOT) also administers a state exchange whereby green energy companies can sell their energy production to the state in exchange for Renewable Energy Credits (RECs). Goldwind Americas can be found on ERCOT’s list of qualified companies using RECs.

The Daily Mail, dubbing it “deeply troubling,” recorded Goldwind America’s deep ties to the Chinese government in June of 2020, noting that 40% of Goldwind’s top investors were known members of the Communist Party. 

Chris Ekstrom, a Dallas area businessman and a prominent donor to Greg Abbott’s 2014 campaign for governor recalled, “Greg Abbott promised not to ‘California our Texas.’” He continued, “Well he did worse: Abbott has allowed the Dragon in our backyard! Communist China is heavily invested in our wind and solar farms.” He exclaimed, “WHY?” Abbott is up for re-election again in 2022.

Tags: austin texasChinaChinese Communist PartyChinese MilitaryCommunist ChinaEnergyEnergy Sectorforeign energyGreen EnergyMilitary TrainingNational SecuritySolar EnergyTexasTexas GOPWind Powerwind turbine
Share to Gab
Tip with Crypto


ADVERTISEMENT
Tom Dees

Tom Dees

Tom Dees is a proud America First Conservative. He attended Western Carolina University where he received his B.S. in Political Science. You can follow him on Facebook @deesforamerica, on Twitter @thomaswdees, or on Gab @twdees1. Tips can be sent securely to [email protected]

Related Posts

US Government Caught Buying ‘Fresh’ Aborted Baby Flesh, Alex Jones Proven Right Once More
Breaking News

US Government Caught Buying ‘Fresh’ Aborted Baby Flesh, Alex Jones Proven Right Once More

by Andrew White
2 hours ago
Woke Coca-Cola Was Invented By Slave Owning Confederate Colonel Who Was Addicted To Morphine
Culture

Woke Coca-Cola Was Invented By Slave Owning Confederate Colonel Who Was Addicted To Morphine

by Tom Pappert
3 hours ago
GRAB EM BY THE PENIS: New Mexico Governor Pays Out $62K Over Alleged Sexual Assault of Male Staffer
News

GRAB EM BY THE PENIS: New Mexico Governor Pays Out $62K Over Alleged Sexual Assault of Male Staffer

by Jack Hadfield
6 hours ago
BREAKING: Breonna Taylor’s Mom Slams BLM As ‘Fraud’ That’s ‘Never Done A Damn Thing For Us’
Breaking News

BREAKING: Breonna Taylor’s Mom Slams BLM As ‘Fraud’ That’s ‘Never Done A Damn Thing For Us’

by Gabriel Keane
22 hours ago
Cop Suspended For Refusing To Close Gym Due To COVID Lockdown, Hugging Gym Members Instead
News

Cop Suspended For Refusing To Close Gym Due To COVID Lockdown, Hugging Gym Members Instead

by Gabriel Keane
1 day ago
HIDIN’ BIDEN: POTUS Nowhere To Be Found As Kamala Welcomes Japanese PM To White House
News

HIDIN’ BIDEN: POTUS Nowhere To Be Found As Kamala Welcomes Japanese PM To White House

by Gabriel Keane
1 day ago
BREAKING: Paul Gosar, Marjorie Taylor Greene Create America First Caucus In Congress
2022

BREAKING: Paul Gosar, Marjorie Taylor Greene Create America First Caucus In Congress

by Nathaniel Linderman
1 day ago
BREAKING: Russia Kicks Out Biden Diplomats, Bans AG Merrick Garland And FBI’s Christopher Wray
News

BREAKING: Russia Kicks Out Biden Diplomats, Bans AG Merrick Garland And FBI’s Christopher Wray

by Gabriel Keane
1 day ago
Minneapolis BLM Icon Arrested For Failing To Register As Child Sex Offender
Civil Unrest

Minneapolis BLM Icon Arrested For Failing To Register As Child Sex Offender

by Jack Hadfield
1 day ago
Republican Utah Governor Defends Utah Jazz Basketball Team Excluding White Students From Scholarship
Culture

Republican Utah Governor Defends Utah Jazz Basketball Team Excluding White Students From Scholarship

by Nathaniel Linderman
2 days ago
Load More

Covfefe Coffee
National File

National File brings you investigative citizen journalism of the highest quality. Join Editor-in-Chief Tom Pappert — Subscribe to the National File HERE

The Latest
  • US Government Caught Buying ‘Fresh’ Aborted Baby Flesh, Alex Jones Proven Right Once More April 17, 2021
  • Woke Coca-Cola Was Invented By Slave Owning Confederate Colonel Who Was Addicted To Morphine April 17, 2021
  • GRAB EM BY THE PENIS: New Mexico Governor Pays Out $62K Over Alleged Sexual Assault of Male Staffer April 17, 2021

FOLLOW US ON SOCIAL MEDIA:

SEND A TIP OR CONTACT:

Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected]

ADVERTISE:

Want to advertise with us? 

Please email:

[email protected]

© COPYRIGHT NATIONALFILE.COM. ALL RIGHTS RESERVED. © 2019 Flyover Media, LLC – All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast, in whole or part, without the prior written permission of NationalFile.com

PRIVACY POLICY
|
CORRECTIONS

No Result
View All Result
  • Home
  • News
  • Culture
  • Politics
  • GAB
  • Telegram
  • About
    • Subscribe
    • Podcast
    • Minds
  • TV
  • Store
    • My account
    • Cart
    • Checkout
  • Donate
    • Donate Crypto

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In