by Aubrey Streb
The Daily Caller
America’s top corporations wasted no time in cutting green energy buzzwords out of their vocabularies during earnings calls, a shift experts say points to the exorbitant and unsustainable nature of the renewable energy industry as a whole.
Top companies are discussing renewable energy terms like climate change, global warming, environmental, social and governance (ESG), clean energy and green energy 75% less than they were three years ago, S&P 500 company earnings call transcripts reviewed by Bloomberg Green show. This absence demonstrates that the renewable energy industry is on its way out after the conclusion of the Biden administration, which pushed for green energy projects through initiatives like the Inflation Reduction Act (IRA), experts in the energy policy field told the Daily Caller News Foundation.
“This industry is on its heels, and I don’t see a bright future for it,” Steve Milloy, a senior legal fellow at the Energy & Environment Legal Institute, told the DCNF.
“None of this green stuff makes any money,” Milloy continued. He pointed to EVs as well as wind and solar power, noting that “without the subsidies, those things are not going to be affordable” and that he does not foresee the industry having a “financial future.”
