Excuse me, but electric cars could be 50 years in the future, considering that their fuel source is ten times as polluting as gasoline.
When the market decides, it will decide. And it will be the FREE market, hopefully not a bunch of goose stepping Democrats outlawing cars.
According to the Joint Committee on Taxation, the production tax credit for wind is estimated to cost taxpayers $4.9 billion in fiscal year 2020, the investment tax credit for solar is estimated to cost $2.4 billion, and the three tax deductions for oil and gas listed below combined are estimated to cost $0.9 billion. Clearly, the wind and solar tax credits outweigh the tax deductions of oil and gas companies by a factor of 8 in fiscal year 2020.
Seems the deductions vs the tax credits favor the wind and solar industries.
When compared to the relative amounts of energy produced by the differing sources, taxpayers are getting little benefit from wind and solar and a great deal of benefit from oil and natural gas. Almost all of our transportation is fueled by oil, and natural gas is the largest source for both heating homes and making the electricity that cools our homes, fuels our factories and schools and hospitals, and makes modern life possible.
Interesting how the leftists ignore the reality we face today.
The wind industry is pushing for an extension of the production tax credit and they justify this demand with environmentalist complaints about the tax deductions available to the oil and gas industry. But the advantages and disadvantages of these incentives vary greatly in terms of benefits—revenues to the government, employment, and energy contribution. Even if you accept the environmentalist argument about tax deductions, the small tax benefits available to oil and gas producers pales in comparison to the vast sums of taxpayer money being handed to wind and solar generators. In return, even after all these billions, the US economy only gets less than 4% of its energy from wind and solar, compared to 69% from natural gas and oil. However you slice it, the wind PTC is a bad deal for taxpayers.
Something you need to get through that thick titanium Woke skull of yours. NOTHING I say about you in this forum is personal. I have no idea who you are or where you are from. I don’t know if you are male or female, mid 30s or a teenager. (the latter of which seems more likely.) I don’t know what part of the country you are from. You obviously have not posted your true identity so it is impossible for ANYONE to perpetrate a PERSONAL insult.
If I DISAGREE with your goose stepping nonsense, that is about what you write here. It is about your IDEAS. And in this environment our IDEAS are the ONLY things we can be judged for. Our IDEAS are the only things we put out.
So if your IDEAS resemble Nazi Germany, it is no reflection on your personal life. It is merely your IDEAS. And this environment comes closest to the concept of equality, in that nobody is more important than the other.
The only distinction is IDEAS. If you can’t handle your IDEAS taking criticism, why are you even here?
I never said you were an ugly lazy bitch, a fat blowhard dickhead, a welfare bum living in your parents house, etc. That would be personal. And such a thing here would be an impossible case to make because here we are ALL equal. Your IDEAS are the aberration. Nothing else.
Quit taking it personal.
A shame we ended our rare earth metals industry years ago and gave it to China.
I find it laughable as we build autos and trucks yet leave them in lots waiting for micro chips to make them function from our best friend China. The price we pay for off shoring.
Rupert Murdoch had published that article in National Review, (William F. Buckley’s very educated magazine.) Murdoch was one of the founders of FoxNews, the most highly rated, MOST ACCURATE and most balanced news source in the universe. Only idiots would laugh at the mention of his name.
Oh, and you SERIOUSLY need to go back to school and take a few economics classes if you somehow think Socialism is about government spending. There is so much about this you clearly do not know.
To bring that small mind of yours up to speed, ENTITLEMENTS make up 75 percent of the federal budget. That includes Sosha Curity, Medicare, Food stamps, welfare and all other transfer programs. Spending where the taxpayer gets value for the dollar (courts, police, military, roads, etc) is called Discretionary, and it barely makes up 20 percent.
Trump did not brag about paying off the national debt. That is not even a smart lie. Most of what Trump promised (an expanding economy, domestic energy independence, a sane foreign policy, record numbers of manufacturing jobs, a secured border) he made good on. He made it look easy.
Your side of the aisle doesn’t want balanced budgets. You have never voted for a president who balanced a budget, (unless you are old enough to have voted for Nixon, because the last time the budget was balanced was in 1969.)
Oh, and your math skills need a little work. 1995 to 2021 is not a century.
I work as a substitute teacher in Florida public schools. Most of the idiotic left wing goose stepping nonsense I’m hearing here sounds like these people never made past a Florida fourth grade before dropping out. These liberals are the dumbest carbon based life forms on the planet.
The working definition here being “a bad deal for the taxpayers.”
As Michael Crichton once said, the new green ideas for energy (wind power, solar power, electric cars) will probably take place some time in the future. The FREE MARKET will decide. If the world runs out of fossil fuels, the FREE MARKET will make those other items available and mainstream.
Let’s not forget that at one time the ONLY fuel for transportation was acres and acres of hay to feed the horses. And dirt streets in small towns were littered with horse manure. The FREE MARKET took us from many acres of land producing fuel to a black substance found deep in a small parcel of land and fueling efficient engines of the future. And that switch was NOT made by the government. It was made by the FREE MARKET.
Enough with your personal insults Reason 10……
Sense you are incapable of debate without personal insults you can talk to somebody else….
I have not insulted you personally. You know that.
Grow up.
What does that mean or even have to do with the topic???
You’re not the decider of who occupys the mythical place anyway….
Unemployment is much lower than it was in Trump’s chaotic last year….
Can you imagine the nightmare of people trying to evacuate during a hurricane with an electric vehicle?
No shit Sherlock, the governors shut down their economies closing businesses. But you love to ignore the roll states played in destroying the economy.
Huh? WTF are you babbling about?
Like everything else the Leftists come up with, it’s all insanity.
They ignore it because like ALL Leftists they don’t live in reality, they live in a weird Fantasy Bubble that reality NEVER enters.
The REAL WORLD is too difficult for the Snowflakes to handle THAT’S WHY they ALL need their Safe Spaces.
They cannot process cause and effect with any common sense.
It’s all rainbows and butterflies.
I dare anyone of them to actually spend a year living under the rules and regulations they make.
How much did this dress cost AOC at at a $35K per plate fundraiser?
While I’m at it, did she buy paste on nails at the local drug store?
Lol it was a covid China pandemic…