Re:OBBB signed: Reinstates immediate expensing for U.S.-base...
by raverbashing on Saturday July 05, 2025 @01:45AM
(#44470349)
Cool, cut all the oil subsidies, and road subsidies, and let the market decide
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Re:OBBB signed: Reinstates immediate expensing for U.S.-base...
by nandomrumber on Saturday July 05, 2025 @02:06AM
(#44470435)
Did you know if you run a business (carry on an enterprise) the majority of the costs of doing business are tax deductible.
That's another term subsidised.
I'd argue fossil fuel industry subsidies are a net benefit to society as they help enable cheap reliable energy.
Whereas renewable subsidies are a net negative because they don't. Everywhere more renewables have gone electricity has become more expensive and less reliable, completely antithetical to strong industrial development.
Also, renewables seem to be driven forward largely due to a psychological contagion that a climate apocalypse is nigh, which is turning out to be completely toxic, especially to the minds of the next generations.
Re:OBBB signed: Reinstates immediate expensing for U.S.-base...
by tired-turtle on Saturday July 05, 2025 @02:26AM
(#44470507)
> Everywhere more renewables have gone electricity has become more expensive and less reliable, completely antithetical to strong industrial development.
Have you heard of Washington state? 75% renewable energy and 10th percentile for the cost per kWh.
Re:OBBB signed: Reinstates immediate expensing for U.S.-base...
by jandrewrogers on Saturday July 05, 2025 @02:41AM
(#44470585)
Washington is a bit of a special case given that most of their electricity comes from vast hydroelectric resources constructed almost a century ago. That situation doesn’t generalize to other places. It is disingenuous to imply that this is an example relevant to modern energy policy.