Big win for taxpayers and common sense: ‘No Gotion’ restrictions on federal tax credits will become law – Wirepoints
Think what you want about the rest of the “Big Beautiful Bill” now heading for President Trump’s signature, but part of it is a triumph for sure: Federal taxpayers won’t pay the $6.5 billion subsidy to Gotion for its battery plant in Manteno, Illinois.
Known as Grain Belt Express, the $11 billion line would carry electricity produced by wind farms in Kansas across Missouri and Illinois all the way to Indiana.But on Tuesday, the Missouri attorney general, Andrew Bailey, a Republican, opened an investigation into Grain Belt Express and requested that the state’s Public Service Commission reconsider its approval.