Latest news with #BuildingTradesUnions
Yahoo
05-07-2025
- Business
- Yahoo
Trump's Brazen New Lie Leads To Instant Fact-Check On Social Media
President Donald Trump on Friday made a wild new claim about wind power as he renewed his attacks on renewable energy. Trump complained that many of the components used in wind turbines are made in China, then suggested that China itself doesn't actually use wind turbines. 'I have never seen a wind farm in China,' Trump declared. 'Why is that? Somebody check that out.' In reality, China is far and away the world's leading producer of wind energy, with more than triple the current U.S. wind capacity. Trump, however, has long had issues with renewable energy ― especially wind, which he has called 'bullshit' and 'a hoax,' a grudge he has held since a dispute over an offshore wind farm near one of his resorts. Now, Trump might finally get his way as his 'big beautiful bill' will wipe out tax credits for wind and solar power, potentially decimating the industry. The Rhodium Group, a research firm, estimates the bill will put a stop to between 57% and 72% of new solar and wind projects. North America's Building Trades Unions slammed the move as 'the biggest job-killing bill in the history of this country' as those projects are cancelled. 'Critical infrastructure projects essential to that future are being sacrificed at the altar of ideology,' the organization said in a statement. New York Times columnist Thomas L. Friedman said China is 'laughing' at the United States as a result, writing: 'The Chinese simply can't believe their luck: that at the dawn of the electricity-guzzling era of artificial intelligence, the U.S. president and his party have decided to engage in one of the greatest acts of strategic self-harm imaginable. They have passed a giant bill that, among other craziness, deliberately undermines America's ability to generate electricity through renewables — solar, battery and wind power in particular.' Since Trump said 'somebody check that out' when railing against wind power, many people did exactly that ― and gave the president a fact-check: Trump has never seen a wind farm in China because he's an incurious narcissist who ignores all information that contradicts his biases. The Gansu wind farm is the largest onshore wind farm in the world, with 7000 turbines. China is the global leader in installed wind capacity. — James Surowiecki (@JamesSurowiecki) July 4, 2025 China leads the world in permitting & building new coal plants, but they have over 7000 wind turbines & are one of the leaders in solar power. Look, this guy loves coal & hates anything green, I get it. But the incessant lying, that's easily fact checked, is off the charts! — Scott Jones (BS, MAT, CSCS) (@CoachJones007) July 4, 2025 A wind farm, in China. — Andrew Stokols (@astoks) July 4, 2025 There are tons of wind farms in China. Just another pointless easy to debunk lie that the cult will eat up like fast food. — Mike Therien (@miketherien) July 5, 2025 China is the number one country for wind energy... but sure — Auntie Smartassy (@AuntSassyAss) July 4, 2025 — Mark Farina (@djmarkfarina) July 4, 2025 China is a global leader in wind energy. Here's a pic. — Lois Romano (@loisromano) July 5, 2025 Fact Check: China is literally the global leader in wind energy. The largest wind farms located in regions like Inner Mongolia and Xinjiang. — Ford News (@FordJohnathan5) July 4, 2025 World's largest wind farm is in China... — Jo Mannies (@jmannies) July 5, 2025 Wind power generates 10% of electricity in China, about the same percentage as wind power in should be able to know this. — Steven Pifer (@steven_pifer) July 5, 2025 'As of April 2025, 138 wind farms were operating in China. China has the largest number of offshore wind farms, followed by the United Kingdom, Vietnam, and Germany' — Diana Pegoraro (@DianaPegoraro) July 5, 2025 Donald Trump knows a lot about breaking wind. — Machine Pun Kelly 🇺🇦 (@KellyScaletta) July 5, 2025
Yahoo
05-07-2025
- Business
- Yahoo
Trump's Brazen New Lie Leads To Instant Fact-Check On Social Media
President Donald Trump on Friday made a wild new claim about wind power as he renewed his attacks on renewable energy. Trump complained that many of the components used in wind turbines are made in China, then suggested that China itself doesn't actually use wind turbines. 'I have never seen a wind farm in China,' Trump declared. 'Why is that? Somebody check that out.' In reality, China is far and away the world's leading producer of wind energy, with more than triple the current U.S. wind capacity. Trump, however, has long had issues with renewable energy ― especially wind, which he has called 'bullshit' and 'a hoax,' a grudge he has held since a dispute over an offshore wind farm near one of his resorts. Now, Trump might finally get his way as his 'big beautiful bill' will wipe out tax credits for wind and solar power, potentially decimating the industry. The Rhodium Group, a research firm, estimates the bill will put a stop to between 57% and 72% of new solar and wind projects. North America's Building Trades Unions slammed the move as 'the biggest job-killing bill in the history of this country' as those projects are cancelled. 'Critical infrastructure projects essential to that future are being sacrificed at the altar of ideology,' the organization said in a statement. New York Times columnist Thomas L. Friedman said China is 'laughing' at the United States as a result, writing: 'The Chinese simply can't believe their luck: that at the dawn of the electricity-guzzling era of artificial intelligence, the U.S. president and his party have decided to engage in one of the greatest acts of strategic self-harm imaginable. They have passed a giant bill that, among other craziness, deliberately undermines America's ability to generate electricity through renewables — solar, battery and wind power in particular.' Since Trump said 'somebody check that out' when railing against wind power, many people did exactly that ― and gave the president a fact-check: Trump has never seen a wind farm in China because he's an incurious narcissist who ignores all information that contradicts his biases. The Gansu wind farm is the largest onshore wind farm in the world, with 7000 turbines. China is the global leader in installed wind capacity. — James Surowiecki (@JamesSurowiecki) July 4, 2025 China leads the world in permitting & building new coal plants, but they have over 7000 wind turbines & are one of the leaders in solar power. Look, this guy loves coal & hates anything green, I get it. But the incessant lying, that's easily fact checked, is off the charts! — Scott Jones (BS, MAT, CSCS) (@CoachJones007) July 4, 2025 A wind farm, in China. — Andrew Stokols (@astoks) July 4, 2025 There are tons of wind farms in China. Just another pointless easy to debunk lie that the cult will eat up like fast food. — Mike Therien (@miketherien) July 5, 2025 China is the number one country for wind energy... but sure — Auntie Smartassy (@AuntSassyAss) July 4, 2025 — Mark Farina (@djmarkfarina) July 4, 2025 China is a global leader in wind energy. Here's a pic. — Lois Romano (@loisromano) July 5, 2025 Fact Check: China is literally the global leader in wind energy. The largest wind farms located in regions like Inner Mongolia and Xinjiang. — Ford News (@FordJohnathan5) July 4, 2025 World's largest wind farm is in China... — Jo Mannies (@jmannies) July 5, 2025 Wind power generates 10% of electricity in China, about the same percentage as wind power in should be able to know this. — Steven Pifer (@steven_pifer) July 5, 2025 'As of April 2025, 138 wind farms were operating in China. China has the largest number of offshore wind farms, followed by the United Kingdom, Vietnam, and Germany' — Diana Pegoraro (@DianaPegoraro) July 5, 2025 Donald Trump knows a lot about breaking wind. — Machine Pun Kelly 🇺🇦 (@KellyScaletta) July 5, 2025
Yahoo
05-07-2025
- Business
- Yahoo
Trump's Brazen New Lie Leads To Instant Fact-Check On Social Media
President Donald Trump on Friday made a wild new claim about wind power as he renewed his attacks on renewable energy. Trump complained that many of the components used in wind turbines are made in China, then suggested that China itself doesn't actually use wind turbines. 'I have never seen a wind farm in China,' Trump declared. 'Why is that? Somebody check that out.' In reality, China is far and away the world's leading producer of wind energy, with more than triple the current U.S. wind capacity. Trump, however, has long had issues with renewable energy ― especially wind, which he has called 'bullshit' and 'a hoax,' a grudge he has held since a dispute over an offshore wind farm near one of his resorts. Now, Trump might finally get his way as his 'big beautiful bill' will wipe out tax credits for wind and solar power, potentially decimating the industry. The Rhodium Group, a research firm, estimates the bill will put a stop to between 57% and 72% of new solar and wind projects. North America's Building Trades Unions slammed the move as 'the biggest job-killing bill in the history of this country' as those projects are cancelled. 'Critical infrastructure projects essential to that future are being sacrificed at the altar of ideology,' the organization said in a statement. New York Times columnist Thomas L. Friedman said China is 'laughing' at the United States as a result, writing: 'The Chinese simply can't believe their luck: that at the dawn of the electricity-guzzling era of artificial intelligence, the U.S. president and his party have decided to engage in one of the greatest acts of strategic self-harm imaginable. They have passed a giant bill that, among other craziness, deliberately undermines America's ability to generate electricity through renewables — solar, battery and wind power in particular.' Since Trump said 'somebody check that out' when railing against wind power, many people did exactly that ― and gave the president a fact-check:
CNBC
30-06-2025
- Business
- CNBC
Trump's big bill threatens to raise taxes on clean energy industry by up to $7 billion, trade group says
Senate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry's expansion in the latest version of President Donald Trump's big spending bill. The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric grid, and potentially raise electricity prices for consumers, trade groups warn. The Senate GOP released a draft of the massive domestic spending bill over the weekend that imposes a new tax on renewable energy projects if they source components from foreign entities of concern, which basically means China. The bill also phases out the two most important tax credits for wind and solar power projects that enter service after 2027. Republicans are racing to pass Trump's domestic spending legislation by a self-imposed Friday deadline. The Senate is voting Monday on amendments to the latest version of the bill. The tax on wind and solar projects surprised the renewable energy industry and feels punitive, said John Hensley, senior vice president for market analysis at the American Clean Power Association. It would increase the industry's burden by an estimated $4 billion to $7 billion, he said. "At the end of the day, it's a new tax in a package that is designed to reduce the tax burden of companies across the American economy," Hensley said. The tax hits any wind and solar project that enters service after 2027 and exceeds certain thresholds for how many components are sourced from China. This combined with the abrupt elimination of the investment tax credit and electricity production tax credit after 2027 threatens to eliminate 300 gigawatts of wind and solar projects over the next 10 years, which is equivalent to about $450 billion worth of infrastructure investment, Hensley said. "It is going to take a huge chunk of the development pipeline and either eliminate it completely or certainly push it down the road," Hensley said. This will increase electricity prices for consumers and potentially strain the electric grid, he said. The construction industry has warned that nearly 2 million jobs in the building trades are at risk if the energy tax credits are terminated and other measures in budget bill are implemented. Those credits have supported a boom in clean power installations and clean technology manufacturing. "If enacted, this stands to be the biggest job-killing bill in the history of this country," said Sean McGarvey, president of North America's Building Trades Unions, in a statement. "Simply put, it is the equivalent of terminating more than 1,000 Keystone XL pipeline projects." The Senate legislation is moving toward a "worst case outcome for solar and wind," Morgan Stanley analyst Andrew Percoco told clients in a Sunday note. Shares of NextEra Energy, the largest renewable developer in the U.S., fell 2%. Solar stocks Array Technologies fell 8%, Enphase lost nearly 2% and Nextracker tumbled 5%. Trump's former advisor Elon Musk slammed the Senate legislation over the weekend. "The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country," The Tesla CEO posted on X. "Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future."
Cision Canada
29-04-2025
- Business
- Cision Canada
Media Invited to Attend Key Plenary at CBTU's "Our Skills, Our Voice" Annual Conference
OTTAWA, ON, April 29, 2025 /CNW/ - Canada's Building Trades Unions (CBTU) invites members of the media to attend a high-impact plenary session at its annual conference, Our Skills, Our Voice, bringing together leaders from labour, industry, and government to discuss the future of skilled trades in Canada. Plenary Session – Our Skills, Our Voice This dynamic session will explore the role of skilled trades in shaping Canada's economy, workforce development, and just transition strategies. Expect timely discussions on apprenticeships, labour mobility, infrastructure investment, and inclusion in the skilled trades workforce. Speakers include: Dalton McGuinty, Former Premier of Ontario Jason Kenney, Former Premier of Alberta Dwight Ball, Former Premier of Newfoundland and Labrador Jim Hogarth, Executive Director & Curtis Houston, Co-Founder and Chair, Helmets to Hardhats The Honourable Rajan Sawhney, Minister of Advanced Education, Alberta Senator Andrew Cardozo, Senator for Ontario Ken Sandmoen, Board Chair, AMCC Mandy Kaiser, co-chair AMCC Robert Kucheran, co-chair AMCC Marc Wahl, Leader, Turnaround, NOVA Chemicals WHEN: Tuesday, April 29, 2025 Plenary begins at 1:00 PM EST Media check-in opens 30 minutes prior WHERE: Westin Hotel Ottawa 11 Colonel By Drive Ottawa, ON With skilled trades playing a pivotal role in Canada's transition to a low-carbon economy and in meeting labour demands in infrastructure and housing, this plenary offers critical insight and firsthand perspectives from the frontlines of construction and labour. SOURCE Canada's Building Trades Unions
