Truth to Power - Episode 20

On this week’s episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro takes a look at a recent revelation regarding the business activities of the US president and his family who are profiting from #windenergy while simultaneously bashing it and intentionally undermining the industry.

The Canadian Breaks wind farm was commissioned back in 2019. The original developers and owners of the project applied for production tax credits. Since being commissioned in 2019, the wind farm has racked up more than $39.1 million in PTCs.

That wind farm powers the Vega Data Center, recently brought online by Hut 8, and the facility in Texas will be used to mine American Bitcoin, a joint venture between Hut 8, and the sons of the US President, Eric & Donald Jr. as well as Gryphon Digital Mining.

Is it acceptable to publicly bash wind energy, but still have your family profit from it? That wind farm wouldn’t exist without millions in production tax credits they have received. The bitcoin mining operation wouldn’t exist without the inexpensive #windpower they are supplied.

We leave it to you to decide.

Have a listen today, and get in touch with your best questions about the renewable energy market in the USA, or any other country around the world.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/grfixJn