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Thursday, February 13, 2025

Legislation aims to block China's access to US green energy tax credits

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Senator Rick Scott | Senator Rick Scott Official Photo

Senator Rick Scott | Senator Rick Scott Official Photo

On February 3, 2025, Senator Rick Scott introduced the No Official Giveaways Of Taxpayers’ Income to Oppressive Nations (NO GOTION) Act. The proposed legislation seeks to prevent companies affiliated with the Chinese Communist Party (CCP) from accessing green energy production tax credits provided under the Inflation Reduction Act. This initiative is supported by Senators Jim Banks and Pete Ricketts, as well as Representatives John Moolenaar, Darin LaHood, and Jared Golden.

Senator Rick Scott stated, “U.S. adversaries shouldn’t be allowed to benefit off American taxpayer dollars with incentives meant to build American businesses." He emphasized his commitment to safeguarding American interests through this legislative measure.

Senator Jim Banks added that U.S. taxpayers should not subsidize tax credits for adversaries such as the CCP. "Why would we allow the hard-earned tax dollars of U.S. workers to be wasted lining the pockets of anti-American companies—all in the name of climate nonsense?" he questioned.

Congressman John Moolenaar described the NO GOTION Act as a bipartisan measure aimed at closing existing loopholes that allow CCP-affiliated companies to receive tax credits. "The United States is in competition with the CCP and under no circumstance should we be giving taxpayer money to Chinese companies,” he asserted.

Congressman Darin LaHood highlighted his dedication to protecting U.S. businesses and workers from CCP influence by ensuring these entities do not benefit from federal tax incentives.

Several organizations have endorsed the NO GOTION Act, including Heritage Action and Americans for Prosperity. Ryan Walker of Heritage Action remarked on preventing foreign adversaries from taking advantage of American taxpayers' contributions: “There is no excuse for giving tax breaks to hostile foreign nations at the expense of American citizens."

Brent Gardner from Americans for Prosperity criticized past policies that benefited companies tied to adversarial governments like China’s CCP: “It’s time to end these handouts that hurt American taxpayers and reward our adversaries.”

Nate Anderson from Concerned Veterans for America stressed that cronyism enabled by green energy tax credits has funneled resources away from national interests towards strategic competitors like China.

Zach Mottl from Coalition for a Prosperous America emphasized protecting taxpayers against exploitation by CCP-affiliated companies while Paul Teller of Advancing American Freedom noted how important it is "to safeguard our national interests" through this act.

Oren Cass pointed out how allowing Chinese firms into U.S supply chains undermines national interest; thus supporting saner approaches regarding competition with China via this legislation becomes essential according to him.

The background context involves investigations revealing Gotion—a company linked closely with CCP—planning factory setups within U.S territories despite being controlled wholly by its parent entity based out in China which relies significantly upon forced labor practices found within Xinjiang Province according documented evidence presented during proceedings led primarily House Select Committee examining such ties further detail accordingly across respective regions mentioned prior instances too therein involved thus necessitating further action alongside steps proposed herein bill form itself additionally so forth accordingly ultimately achieving desired objectives sought herein proposal present current iteration legislative process underway continuing future developments unfold subsequently thereafter forthcoming periods ahead potentially moving forward progressions continue advance same trajectory overall general sense consensus among parties involved directly indirectly related matters discussed above contextually speaking regard thereof addressed adequately sufficiently overall sense complete narrative explanation comprehensive manner concluded here final paragraph end section text

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