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Electric vehicles - what does the future hold?
jeebling Offline
#1201 Posted:
Joined: 08-04-2015
Posts: 1,315
I truly hope Trump will put Ramaswamy in charge of shrinking, drastically, the federal government. I know Ramaswamy isn’t popular with a lot of folks but I do like his ideas about shrinking the government. I can use the word “decimate” w/o hyperbole regarding his vision on shrinking government. If I could choose only one executive department to close it would be education. I think I’m in fantasy land with this wish but why shouldn’t we have big demands from our elected leaders. However he does it, I’m hoping Trump will take meaningful action to reduce the size and reach of the federal government and drastically reduce the power of unelected officials who make laws and implement regulations to control our society.
Brewha Offline
#1202 Posted:
Joined: 01-25-2010
Posts: 12,201
BuckyB93 wrote:
Once again, you are missing the point. This is not about taxes, that's a different topic. The charges I'm referring to are above and beyond taxes. My taxes that I pay have those subsidies rolled into them. This is an individual company (not the government) adding additional charges above and beyond taxes for products and/or services that I don't use.

Let's try this again. Say you order a plain cheese pizza, you pick it up and pay with cash. You look at your bill and you are charged for some pepperoni, some mushrooms, and a credit card service charge. Neither of those are contained in the product or service that you purchased. You are OK with paying for those charges?

Plus, you can stop with all that green infinitives BS about how EVs are an important positive step in that direction. There are plenty of examples out there and posted here showing that it is just smoke and mirrors. If you look at the entire life cycle from mining the supplies from the Earth all the way through to the death of the vehicle, the infrastructure needed to meet the pie in the sky goals and so on - it's actually a negative impact with our current technology and anticipated technology advances in our lifetime. Just set the goal/mandates and hope a miracle happens to achieve them.

It's great to set (arbitrary) goals but if there is no real world way of obtaining those goals it's all for naught.



So you are saying "But then to blatantly tack on additional charges for electric vehicles and solar charges"

Your electric bill comes is added charges for EVs???
Brewha Offline
#1203 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
In other news….


A Washington man has been arrested and charged with vehicular homicide after a Tesla in autopilot mode slammed into a motorcyclist, killing him.

The crash happened around 3:45 p.m. Friday in Maltby, Washington, according to a Washington State Patrol incident summary.


1st - that WAS NOT me.

2nd - the biker prolly had it coming.
Brewha Offline
#1204 Posted:
Joined: 01-25-2010
Posts: 12,201
DrMaddVibe wrote:
Look at this zero IQ dummy go. Do you really believe because my name is DrMaddVibe here I am DrMaddVibe? I've NEVER professed to be Angelo Moore. Met him a bunch of times and had the band over to the house though. Also, that's his website. NOT MINE.

If you're keeping score at home and you're playing against Brewfart...you're already going to win, but I also don't look anything like David Lee Roth. I appreciate his contributions to Rock N Roll, believe him to be an awesome person and a very sharp mind. Never said I looked like him either. I just happened to really like the hat.

https://www.cigarbid.com...your-name-mean#post30767

So, Brewfart...care to show everyone how much more moronic you could be? I'm betting you can go lower.



Well, at least you're not mad about it.....
Brewha Offline
#1205 Posted:
Joined: 01-25-2010
Posts: 12,201
Speyside2 wrote:
Mine is the Grand Touring, her car is the Sapphire. One is a 4-door sedan, the other is a sports car. We enjoy both of them, we each drive both of them. They both serve a somewhat different purpose.


I was going to ask you why you didn't go for a Taycan or a Plaid.
"Sapphire"
Oh.

Love to hear about that some time. DMV tells me the speed, range and paint colors are lies. No arguing with that though...

Super nice car - real or not.

How has your Lucid experience been?
DrMaddVibe Offline
#1206 Posted:
Joined: 10-21-2000
Posts: 55,516
Brewha wrote:
Well, at least you're not mad about it.....



And lower...
DrMaddVibe Offline
#1207 Posted:
Joined: 10-21-2000
Posts: 55,516
Brewha wrote:
I was going to ask you why you didn't go for a Taycan or a Plaid.
"Sapphire"
Oh.

Love to hear about that some time. DMV tells me the speed, range and paint colors are lies. No arguing with that though...

Super nice car - real or not.

How has your Lucid experience been?



And lower you go. Bet you can't show me where I said that.
rfenst Offline
#1208 Posted:
Joined: 06-23-2007
Posts: 39,379
Some people can afford luxurious electric cars and are "early adopters." To each their own.

It is not their fault there are government subsidies that they lawfully take advantage of. They are fools if they don't.

In the long-run (perhaps 20 or so years), I think electric or other non-petroleum cars will be a thing for us all. But, not right now, obviously.

And, I agree that the electric car purchase subsidies are pitifully too much.
Brewha Offline
#1209 Posted:
Joined: 01-25-2010
Posts: 12,201
rfenst wrote:
Some people can afford luxurious electric cars and are "early adopters." To each their own.

It is not their fault there are government subsidies that they lawfully take advantage of. They are fools if they don't.

In the long-run (perhaps 20 or so years), I think electric or other non-petroleum cars will be a thing for us all. But, not right now, obviously.

And, I agree that the electric car purchase subsidies are pitifully too much.


So, when you say that the EV purchase subsidies, which are income tax credits, are pitifully too much - whom is to be pitied?
Brewha Offline
#1210 Posted:
Joined: 01-25-2010
Posts: 12,201
DrMaddVibe wrote:
And lower you go. Bet you can't show me where I said that.


#1191?

All motion is relative. Perhaps I’m standing still and you are rising above us.
Brewha Offline
#1211 Posted:
Joined: 01-25-2010
Posts: 12,201
Damn, it was #1207.









The Doctor has out cleavered me again.
rfenst Offline
#1212 Posted:
Joined: 06-23-2007
Posts: 39,379
Brewha wrote:
So, when you say that the EV purchase subsidies, which are income tax credits, are pitifully too much - whom is to be pitied?

Don't get your question. Rephrase?
BuckyB93 Offline
#1213 Posted:
Joined: 07-16-2004
Posts: 14,231
Brewha wrote:
So you are saying "But then to blatantly tack on additional charges for electric vehicles and solar charges"

Your electric bill comes is added charges for EVs???


Yes.
Included on the list of charges above and beyond my consumption charge & taxes are these verbatim from the bill...
- Energy Efficiency Charge (I get charged for being energy efficient?).
- Renewable Energy Charge (WTF is that?).
- Distributed Solar Charge (WTF is that?).
- Electrical Vehicle Charge (WTF is that?).

Here in my town we can choose from about 12 different electricity suppliers. National Grid is the main one and owns all the poles and the lines but you can pick a different supplier (but it has to go through National Grid). I chose one that claims that a majority of their electricity is harvested from solar farms yet my bill has all of these random charges.

It's not gonna break the bank or send me into poverty but what are these for and why do I have to pay for things that I own or don't use?
DrMaddVibe Offline
#1214 Posted:
Joined: 10-21-2000
Posts: 55,516
Abrignac wrote:
In other news….


A Washington man has been arrested and charged with vehicular homicide after a Tesla in autopilot mode slammed into a motorcyclist, killing him.

The crash happened around 3:45 p.m. Friday in Maltby, Washington, according to a Washington State Patrol incident summary.



Think Think Think



NHTSA Probes Tesla Autopilot Again After 20 Crashes Since Update Remedy


The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's Autopilot (again) to determine if the over-the-air update to the automated driving system was enough to keep drivers on the road.

The new probe comes after the NHTSA closed a multi-year investigation into Autopilot. The prior report found evidence that "Tesla's weak driver engagement system was not appropriate for Autopilot's permissive operating capabilities," which resulted in a "critical safety gap."

On Friday, NHTSA said the original Autopilot investigation was opened to see if "Tesla's Autopilot contained a defect that created an unreasonable risk to motor vehicle safety," adding that it discovered similar findings with Tesla's voluntary recall (Recall 23V838). talking up at the last earnings call only three months ago.


The initial investigation found at least 13 crashes involving one or more fatalities, many more involving severe injuries, in which "foreseeable driver misuse played an apparent role," NHTSA said.

The new investigation covers two million Model Y, X, S, 3, and Cybertruck vehicles equipped with Autopilot produced between 2012 and 2024.

The federal agency is concerned about whether the company's remedy was enough, partly because 20 crashes have occurred since the over-the-air software update earlier this year.

One ZH reader reached out to us about Autopilot, explaining that the automated driving system has become increasingly aggressive in making sure the operator is paying attention since the update. The individual told us he was suspended from using Autopilot earlier this week for what he says were 'minor' distractions while driving, adding that the warning system is getting more strict by the update.

During a call with investors earlier this week, Elon Musk said, "I actually do not think that there will be significant regulatory barriers, provided there is conclusive data that the autonomous car is safer than a human-driven car," adding that those who doubt Tesla's ability to "solve" autonomy shouldn't invest in the company.

Meanwhile, the Biden administration has weaponized federal agencies against Musk's companies, such as SpaceX and Tesla. This is mainly over Musk's 'free speech' platform, "X," which the Biden administration despised because it has been unable to suppress the First Amendment on the platform through the censorship-industrial complex.

https://www.zerohedge.com/technology/tesla-autopilot-probed-again-after-20-crashes-update-remedy


whip
Speyside2 Offline
#1215 Posted:
Joined: 11-11-2021
Posts: 2,431
Large tax breaks for energy efficiency, taxes and charges for energy efficiency, and artificial demand. For me that equates to making money. Maybe there is a way to profit from this green thingy. Anyone want to make some money by playing the odds? What odds, you say the game is rigged, use it to your advantage.
Abrignac Offline
#1216 Posted:
Joined: 02-24-2012
Posts: 17,332
Speyside2 wrote:
Large tax breaks for energy efficiency, taxes and charges for energy efficiency, and artificial demand. For me that equates to making money. Maybe there is a way to profit from this green thingy. Anyone want to make some money by playing the odds? What odds, you say the game is rigged, use it to your advantage.



An energy report released last October by the Texas Public Policy Foundation concluded that EVs would cost tens of thousands of dollars more if not for generous taxpayer-funded incentives: the average model year 2021 EV would cost approximately $48,698 more to own over a 10-year period without the staggering $22 billion in taxpayer-funded handouts that the government provides to electric car manufacturers and owners.

So Brewha as you’ve mentioned many times you’re against corporate welfare so I’m assuming you’ll write a check to the Treasury to reimburse them for your portion of Tesla’s welfare check they received for your car?
DrMaddVibe Offline
#1217 Posted:
Joined: 10-21-2000
Posts: 55,516
Abrignac wrote:
An energy report released last October by the Texas Public Policy Foundation concluded that EVs would cost tens of thousands of dollars more if not for generous taxpayer-funded incentives: the average model year 2021 EV would cost approximately $48,698 more to own over a 10-year period without the staggering $22 billion in taxpayer-funded handouts that the government provides to electric car manufacturers and owners.



^^^THAT...THAT, is what I'm opposed to. Also, remember (because a lot in here have!) we already bailed out the US Auto manufacturing sector once. These companies cannot and will not do the bidding of the US government and not make a profit or another round of taxpayer money. Take your pick. So far, it looks like the Biden Administration is picking winners and losers...just like the Obama administration. Solyndra...hello!!!!
Brewha Offline
#1218 Posted:
Joined: 01-25-2010
Posts: 12,201
BuckyB93 wrote:
Yes.
Included on the list of charges above and beyond my consumption charge & taxes are these verbatim from the bill...
- Energy Efficiency Charge (I get charged for being energy efficient?).
- Renewable Energy Charge (WTF is that?).
- Distributed Solar Charge (WTF is that?).
- Electrical Vehicle Charge (WTF is that?).

Here in my town we can choose from about 12 different electricity suppliers. National Grid is the main one and owns all the poles and the lines but you can pick a different supplier (but it has to go through National Grid). I chose one that claims that a majority of their electricity is harvested from solar farms yet my bill has all of these random charges.

It's not gonna break the bank or send me into poverty but what are these for and why do I have to pay for things that I own or don't use?



Wow - that is really strange.

I cannot even think of a cost a power company would have for EV's. It's like a cloth dryer surcharge.

Brewha Offline
#1219 Posted:
Joined: 01-25-2010
Posts: 12,201
rfenst wrote:
Don't get your question. Rephrase?


I'm just trying to understand what you mean by EV tax credits are pitifully too much.

You feel that the credit is too high - yes?

Should we pity the those people that don't get it?
Speyside2 Offline
#1220 Posted:
Joined: 11-11-2021
Posts: 2,431
It is odd you would use my point as it has nothing to do EV's. It was about obvious ways to make money when the game is rigged. You are talking about taxpayer funded incentives. What I said has nothing to do with that.
Brewha Offline
#1221 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
An energy report released last October by the Texas Public Policy Foundation concluded that EVs would cost tens of thousands of dollars more if not for generous taxpayer-funded incentives: the average model year 2021 EV would cost approximately $48,698 more to own over a 10-year period without the staggering $22 billion in taxpayer-funded handouts that the government provides to electric car manufacturers and owners.

So Brewha as you’ve mentioned many times you’re against corporate welfare so I’m assuming you’ll write a check to the Treasury to reimburse them for your portion of Tesla’s welfare check they received for your car?



So, you'll be please to know that starting this year in Texas, EV's are tagged with a $200 registration renewal to offset that fact that they don't pay road taxes when they buy gas.

I have not heard of Tesla receiving "billions in taxpayer funded handouts".
Nor have I received credits or payments for buying an EV - the opposite in fact - a special EV tax from Texas!

The "foundation" you site claims to be a non-partisan, non-profit. Not having seen their "report" I have no reason to believe their summary is credible. They look like a right wing think tank. You should be more discerning.
Abrignac Offline
#1222 Posted:
Joined: 02-24-2012
Posts: 17,332
DrMaddVibe wrote:
^^^THAT...THAT, is what I'm opposed to. Also, remember (because a lot in here have!) we already bailed out the US Auto manufacturing sector once. These companies cannot and will not do the bidding of the US government and not make a profit or another round of taxpayer money. Take your pick. So far, it looks like the Biden Administration is picking winners and losers...just like the Obama administration. Solyndra...hello!!!!


The government shouldn’t have bailed them out. Nor should the government have bailed out the banks. For far too long corporate America has operated under the assumption that some companies too large to fail and so vital to national security that they are immune to the normal consequences of being fiscally irresponsible. For far too long they have followed the Henry Ford theorem of you-can-have-them-any-color-you-want-as-long-as-its-black.

But, what really bothers me the most is that the current viability of the EV market is subject to the whims of our largest geo-political enemy. Depending on the source Chinese owned companies control anywhere between 50 & 98.2% of the raw materials to manufacture the batteries used to power EV’s. What happens in say 30 years if 80% of new cars sales are EV’e that use batteries manufactured from Chinese controlled materials and China decides to close the supply channel? That would shut down car sales which would ripple all the way up the supply chain then outward to via a reverse ripple effect.

Abrignac Offline
#1223 Posted:
Joined: 02-24-2012
Posts: 17,332
Brewha wrote:
So, you'll be please to know that starting this year in Texas, EV's are tagged with a $200 registration renewal to offset that fact that they don't pay road taxes when they buy gas.

I have not heard of Tesla receiving "billions in taxpayer funded handouts".
Nor have I received credits or payments for buying an EV - the opposite in fact - a special EV tax from Texas!

The "foundation" you site claims to be a non-partisan, non-profit. Not having seen their "report" I have no reason to believe their summary is credible. They look like a right wing think tank. You should be more discerning.




It’s the message that’s important, not the messenger. It’s well known that EV’s are heavily subsidized.

A list of some of those subsidies can be found here. Whether the site posting the list is right-wing, left-wing or non-partisan is irrelevant if the data cited is factually correct. However, to brush something to the side simply because of the source reporting it doesn’t necessarily align with one’s views demonstrates that the person ignoring the data is simply unwilling to be objective.

https://www.instituteforenergyresearch.org/regulation/an-overview-of-federal-government-support-for-electric-vehicles/
Abrignac Offline
#1224 Posted:
Joined: 02-24-2012
Posts: 17,332
In The Washington state:

This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families deemed “low-income” to purchase an EV.

“Washingtonians really get it when it comes to electric vehicles,” Inslee said at a Wednesday news conference in Tukwila.
Abrignac Offline
#1225 Posted:
Joined: 02-24-2012
Posts: 17,332
From a White Bouse Fact Sheet:

President Biden’s American Jobs Plan includes a transformational $15 billion investment to fund this vision and build a national network of 500,000 charging stations. Through a combination of grant and incentive programs for state and local governments and the private sector, it will support a transformational acceleration in deployment of a mix of chargers in apartment buildings, in public parking, throughout communities, and as a robust fast charging along our nation’s roadways.
Abrignac Offline
#1226 Posted:
Joined: 02-24-2012
Posts: 17,332
Then there’s this:

Making EVs More Affordable at the Dealer: On average, EVs are now 20 percent cheaper than they were one year ago. As of January 1st, Americans can get up to $7,500 off the sticker price of many of the new electric vehicles eligible for the Inflation Reduction Act’s 30D New Clean Vehicle Tax Credit, and up to $4,000 off the price of a used EV for vehicles eligible for the 25E Used Clean Vehicle Credit. Already, over 9,500 dealers across the country have registered with IRS Energy Credits Online, most of which also registered to provide this tax credit at the point of sale.
Brewha Offline
#1227 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
It’s the message that’s important, not the messenger. It’s well known that EV’s are heavily subsidized.

A list of some of those subsidies can be found here. Whether the site posting the list is right-wing, left-wing or non-partisan is irrelevant if the data cited is factually correct. However, to brush something to the side simply because of the source reporting it doesn’t necessarily align with one’s views demonstrates that the person ignoring the data is simply unwilling to be objective.

https://www.instituteforenergyresearch.org/regulation/an-overview-of-federal-government-support-for-electric-vehicles/



No, no - this is good.

The Author is a political journalist. Despite his flavoring the article with opinions and conclusions the base facts are correct. the conclusions - well, no so much.

Yes, the government is funding the build out of charging stations. It would be easy to miss the fact that today most all charging stations are privately funded.

And loaning money for battery development is great - I hope they do it!

It's too bad these are chicken feed amounts compared to the trillions each year in oil and gas subsidies. But hey - it's a start.





Bottom line here is that some people what to move us to cleaner energy - other cannot imagine why and claim it all to be a money grab. Like how Covid was fake, and how man never really went to the moon.
Brewha Offline
#1228 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
In The Washington state:

This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families deemed “low-income” to purchase an EV.

“Washingtonians really get it when it comes to electric vehicles,” Inslee said at a Wednesday news conference in Tukwila.


I knew there was something about Washington I liked!
Brewha Offline
#1229 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
Then there’s this:

Making EVs More Affordable at the Dealer: On average, EVs are now 20 percent cheaper than they were one year ago. As of January 1st, Americans can get up to $7,500 off the sticker price of many of the new electric vehicles eligible for the Inflation Reduction Act’s 30D New Clean Vehicle Tax Credit, and up to $4,000 off the price of a used EV for vehicles eligible for the 25E Used Clean Vehicle Credit. Already, over 9,500 dealers across the country have registered with IRS Energy Credits Online, most of which also registered to provide this tax credit at the point of sale.


So, I tax credit only barely qualifies as a subsidy - but it does. Remember this is money off of your income tax. So you pay less - no one gives you anything.

I just wish I had gotten it.
Abrignac Offline
#1230 Posted:
Joined: 02-24-2012
Posts: 17,332
Brewha wrote:
No, no - this is good.

The Author is a political journalist. Despite his flavoring the article with opinions and conclusions the base facts are correct. the conclusions - well, no so much.

Yes, the government is funding the build out of charging stations. It would be easy to miss the fact that today most all charging stations are privately funded.

And loaning money for battery development is great - I hope they do it!

It's too bad these are chicken feed amounts compared to the trillions each year in oil and gas subsidies. But hey - it's a start.





Bottom line here is that some people what to move us to cleaner energy - other cannot imagine why and claim it all to be a money grab. Like how Covid was fake, and how man never really went to the moon.



I have absolutely no problem with the development of cleaner energy. On the other hand, I’m opposed to risking our economic future by investing in technology that relies on raw materials controlled by our biggest and strongest political opponent for a critical component.
Abrignac Offline
#1231 Posted:
Joined: 02-24-2012
Posts: 17,332
Brewha wrote:
So, I tax credit only barely qualifies as a subsidy - but it does. Remember this is money off of your income tax. So you pay less - no one gives you anything.

I just wish I had gotten it.


What turnip truck did you fall off and land on your head? Obviously you failed Accounting 101. For every credit there is a corresponding debit. Expenditures don’t change simply because someone is charged less. It just means less revenue is generated so a deficit is created. To offset that deficit additional revenue must be collected somewhere else or that deficit must be carried as a debt.
DrMaddVibe Offline
#1232 Posted:
Joined: 10-21-2000
Posts: 55,516
Abrignac wrote:
The government shouldn’t have bailed them out. Nor should the government have bailed out the banks. For far too long corporate America has operated under the assumption that some companies too large to fail and so vital to national security that they are immune to the normal consequences of being fiscally irresponsible. For far too long they have followed the Henry Ford theorem of you-can-have-them-any-color-you-want-as-long-as-its-black.

But, what really bothers me the most is that the current viability of the EV market is subject to the whims of our largest geo-political enemy. Depending on the source Chinese owned companies control anywhere between 50 & 98.2% of the raw materials to manufacture the batteries used to power EV’s. What happens in say 30 years if 80% of new cars sales are EV’e that use batteries manufactured from Chinese controlled materials and China decides to close the supply channel? That would shut down car sales which would ripple all the way up the supply chain then outward to via a reverse ripple effect.



Even worse...with all of this "technology" tooling down the US road system...what are they harvesting? The ability to killswitch remotely is already there. Drive with a cellphone that just so happens to be linked to the car...yeah...sorry about your data! Then there's the whole auto-driver function that could be turned on from afar...they're already doing it now, so let's give a trustworthy adversary those tools! No, it's insidious and people really need to wake up because this...is what Rush warned us about. Yeah, the Canadian band Rush.

https://youtu.be/_LXKZq0fYDw?si=lUve3CYm6JzfGkq1


Everything was just fine. Then government crept in and decided they wanted MORE control over where you go, how you get there and whom makes that mode of transportation. What's worse...we're (Western society) enriching the CCP so they can build their military for World domination. They'll use that after they have their Silk Road nations on the hook and harvested what they wanted but now need to move those pesky natives off the land altogether. Spooking children with climate change to alter their behavior with nothing but fear. Watch, they'll get them to eat bugs and insects too...BECAUSE! When you hear fartcar drivers suggesting that after you get your 19th booster that a great grasshopper hot dog does a body good. IT's for grandma and the children so you have to comply. Be the 1st on your block to wear those old school patrol sashes and narc out the neighborhood for Crimes Against Humanity!

No, there's more here than overburdening one of America's weakest infrastructure links with golf carts that use diesel powered behemoths the size of large buildings raping the Earth and leaving tidbits for the "artesian" mining children so they can become infected with lung diseases and God knows what to pollute their DNA down the line breathing in the debris. But hey, we're not buying them to save the planet are we? Aren't we? Sounds like someone isn't on script with the Biden messaging. All while being gaslit by the most gullible buffoons trying to make their poor decisions make sense. Baffling really.
HockeyDad Offline
#1233 Posted:
Joined: 09-20-2000
Posts: 46,164
Brewha wrote:


It's too bad these are chicken feed amounts compared to the trillions each year in oil and gas subsidies. But hey - it's a start.


The 2024 Federal budget is $6.5 trillion. How many of those trillions go to oil and gas subsidies?
Brewha Offline
#1234 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
I have absolutely no problem with the development of cleaner energy. On the other hand, I’m opposed to risking our economic future by investing in technology that relies on raw materials controlled by our biggest and strongest political opponent for a critical component.


If we follow your clever little plan of not embracing EVs then China - who is already far ahead of us - WILL own the market in years to come. That is the risk to our economy.

The risk you see because of materials is fallacious.
Brewha Offline
#1235 Posted:
Joined: 01-25-2010
Posts: 12,201
Abrignac wrote:
What turnip truck did you fall off and land on your head? Obviously you failed Accounting 101. For every credit there is a corresponding debit. Expenditures don’t change simply because someone is charged less. It just means less revenue is generated so a deficit is created. To offset that deficit additional revenue must be collected somewhere else or that deficit must be carried as a debt.


So, the Child Tax Credit is creating debt?? Maybe we can get them a job in a lithium mine....

Say - are you getting enough fiber?
Brewha Offline
#1236 Posted:
Joined: 01-25-2010
Posts: 12,201
HockeyDad wrote:
The 2024 Federal budget is $6.5 trillion. How many of those trillions go to oil and gas subsidies?


don't you know sarcasm when you read it?
Brewha Offline
#1237 Posted:
Joined: 01-25-2010
Posts: 12,201
DrMaddVibe wrote:
Even worse...with all of this "technology" tooling down the US road system...what are they harvesting? The ability to killswitch remotely is already there. Drive with a cellphone that just so happens to be linked to the car...yeah...sorry about your data! Then there's the whole auto-driver function that could be turned on from afar...they're already doing it now, so let's give a trustworthy adversary those tools! No, it's insidious and people really need to wake up because this...is what Rush warned us about. Yeah, the Canadian band Rush.

https://youtu.be/_LXKZq0fYDw?si=lUve3CYm6JzfGkq1


Everything was just fine. Then government crept in and decided they wanted MORE control over where you go, how you get there and whom makes that mode of transportation. What's worse...we're (Western society) enriching the CCP so they can build their military for World domination. They'll use that after they have their Silk Road nations on the hook and harvested what they wanted but now need to move those pesky natives off the land altogether. Spooking children with climate change to alter their behavior with nothing but fear. Watch, they'll get them to eat bugs and insects too...BECAUSE! When you hear fartcar drivers suggesting that after you get your 19th booster that a great grasshopper hot dog does a body good. IT's for grandma and the children so you have to comply. Be the 1st on your block to wear those old school patrol sashes and narc out the neighborhood for Crimes Against Humanity!

No, there's more here than overburdening one of America's weakest infrastructure links with golf carts that use diesel powered behemoths the size of large buildings raping the Earth and leaving tidbits for the "artesian" mining children so they can become infected with lung diseases and God knows what to pollute their DNA down the line breathing in the debris. But hey, we're not buying them to save the planet are we? Aren't we? Sounds like someone isn't on script with the Biden messaging. All while being gaslit by the most gullible buffoons trying to make their poor decisions make sense. Baffling really.


OMG - was that car in Christine and EV???
HockeyDad Offline
#1238 Posted:
Joined: 09-20-2000
Posts: 46,164
Brewha wrote:
So, I tax credit only barely qualifies as a subsidy - but it does. Remember this is money off of your income tax. So you pay less - no one gives you anything.

I just wish I had gotten it.


Wow. It’s like magic money!


DrMaddVibe Offline
#1239 Posted:
Joined: 10-21-2000
Posts: 55,516
Brewha wrote:
If we follow your clever little plan of not embracing EVs then China - who is already far ahead of us - WILL own the market in years to come. That is the risk to our economy.

The risk you see because of materials is fallacious.


Just think of all the money Ford, GM and Stelllantis would've made if they hadn't gone down the EV road?

Imagine how much money you would've saved if you didn't run to be the 1st on your block to drive a fartcar? Oh, the money you would've saved. Sooo much money. Oh well, it'll be worth nothing when you decide to get rid of it next year.
HockeyDad Offline
#1240 Posted:
Joined: 09-20-2000
Posts: 46,164
Brewha wrote:
don't you know sarcasm when you read it?


Regurgitating a lie is not sarcasm. So how many trillions?
DrMaddVibe Offline
#1241 Posted:
Joined: 10-21-2000
Posts: 55,516
Brewha wrote:
OMG - was that car in Christine and EV???



Fartcar says what???
Brewha Offline
#1242 Posted:
Joined: 01-25-2010
Posts: 12,201
HockeyDad wrote:
Regurgitating a lie is not sarcasm. So how many trillions?



https://www.budget.senate.gov/chairman/newsroom/press/sen-whitehouse-on-fossil-fuel-subsidies-we-are-subsidizing-the-danger-#:~:text=It's%20not%20just%20the%20US,to%20the%20fossil%20fuel%20industry.


SEN. WHITEHOUSE ON FOSSIL FUEL SUBSIDIES: “WE ARE SUBSIDIZING THE DANGER”
Washington, D.C.—U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivered the following opening statement at today’s hearing entitled, “Who Pays the Price: The Real Cost of Fossil Fuels.”

Chairman Whitehouse’s remarks, as prepared for delivery:

Ranking Member Grassley, colleagues, welcome to our seventh Committee hearing on the economic and budgetary perils of dependence on fossil fuels. We have heard testimony from non-partisan, knowledgeable industry leaders about the threat climate change poses to entire sectors of our economy: healthcare, insurance, coastal economies, wildfire areas, the carbon bubble leaving fossil fuel assets stranded.

So, what are we, the federal government, doing to protect against these threats? Actually, we are subsidizing the danger.

As we’ll hear today, the United States subsidizes the fossil fuel industry with taxpayer dollars. It’s not just the US: according to the International Energy Agency, fossil fuel handouts hit a global high of $1 trillion in 2022 – the same year Big Oil pulled in a record $4 trillion of income.

In the United States, by some estimates taxpayers pay about $20 billion dollars every year to the fossil fuel industry. What do we get for that? Economists generally agree: not much. To quote conservative economist Gib Metcalf: these subsidies offer “little if any benefit in the form of oil patch jobs, lower prices at the pump, or increased energy security for the country.” The cash subsidy is both big and wrong.

But the really big subsidy is the license to pollute for free. The IMF calls this global free pass an “implicit” fossil fuel subsidy. Economists call it an “unpriced externality.” Behind these benign-sounding phrases is a lot of harm.

Start with harmful effects of local air pollution. Researchers from Harvard found pollutants from oil and gas combustion were responsible for 8.7 million premature deaths annually – the increased mortality rates from heat and air pollution we heard about at last week’s hearing.

Then, growing costs from intensifying disasters: wildfires, floods, droughts, which according to OMB could cost the federal budget $2 trillion annually and reduce US GDP 3 to 10 percent by the end of the century.

You tally up the harms, and the IMF estimates it at a $5.4 trillion annual subsidy worldwide. In the United States, it’s $646 billion – every single year.

Worse, this is almost certainly undercounting the true costs. The London School of Economics reports that studies often underestimate the harm of climate dangers by failing to account for how hazards can cascade across ecological and economic systems. These cascades can cause irreparable damage to human well-being, to ecosystems, and to the US economy. These are the systemic risks we’ve heard about from previous witnesses.

And as we will hear from one of our witnesses today, the very act of extracting these dirty fuels has terrible consequences for human health – especially for children. From higher rates of birth defects to childhood leukemia, there’s ample evidence that communities around oil and gas extraction sites pay an especially high price.

It's textbook economics that the price of a good should reflect its true cost. The fossil fuel industry violates this rule of market economies. It does so by spending billions of dollars on disinformation, false doubts, climate obstruction, and political dark money. And why not, to protect one of the most lucrative subsidies in human history? This, ladies and gentlemen, is why we can’t have nice things like clean air, safe coral reefs, secure coast lines, and affordable clean energy.

Over in the House, MAGA extremists are doubling down on polluter handouts to their big donors, with their Default on America Act that puts the American taxpayer on the hook for climate disaster.

It is not about debts or deficits. It’s dirty work for an industry that controls one of the main political parties in this country. Oil and gas extraction represents only about 5 percent of GDP. Farming, manufacturing, food and beverage, insurance, finance, restaurants, retail, housing, healthcare – all represent a larger share of GDP. Clean energy now accounts for more employment than the fossil fuel industry. But for political influence, to protect those massive subsidies, nothing compares to fossil fuel.

It is a fundamental principle of democracy that everyone should get an equal say. But here the rich and the powerful hoard all the benefits for themselves and leave everyone else – often the most vulnerable Americans – to pay the price.
Brewha Offline
#1243 Posted:
Joined: 01-25-2010
Posts: 12,201
HockeyDad wrote:
Wow. It’s like magic money!





No - it's MY income that I would have gotten to keep!
HockeyDad Offline
#1244 Posted:
Joined: 09-20-2000
Posts: 46,164
Brewha wrote:

In the United States, by some estimates taxpayers pay about $20 billion dollars every year to the fossil fuel industry.



You cite a speech by a politician as the basis for your fact?


What does “by some estimates” mean? What is the actual number? The subsidy for an electric car to the consumer is $7500.

How does $20 billion become “trillions”?

HockeyDad Offline
#1245 Posted:
Joined: 09-20-2000
Posts: 46,164
Brewha wrote:
No - it's MY income that I would have gotten to keep!


…And the Federal government then issues a ten year treasury bill at 5% interest to borrow the money so that they can give it you.
DrMaddVibe Offline
#1246 Posted:
Joined: 10-21-2000
Posts: 55,516
Oh stop...I was rather enjoying his little JG Wentworth whinefest.

Abrignac Offline
#1247 Posted:
Joined: 02-24-2012
Posts: 17,332
HockeyDad wrote:
…And the Federal government then issues a ten year treasury bill at 5% interest to borrow the money so that they can give it you.


Which converts a deficit created by spending more than collected into a debt. Apparently not everyone can see past their own nose. Instead they quote a politician and accept what is said as fact.
HockeyDad Offline
#1248 Posted:
Joined: 09-20-2000
Posts: 46,164
DrMaddVibe wrote:
Oh stop...I was rather enjoying his little JG Wentworth whinefest.



I’m just afraid I’m going to be asked to pay back his student loans.
DrMaddVibe Offline
#1249 Posted:
Joined: 10-21-2000
Posts: 55,516
HockeyDad wrote:
I’m just afraid I’m going to be asked to pay back his student loans.


That's a given.

I can't wait till he comes out trans!
jeebling Offline
#1250 Posted:
Joined: 08-04-2015
Posts: 1,315
Brewha wrote:
https://www.budget.senate.gov/chairman/newsroom/press/sen-whitehouse-on-fossil-fuel-subsidies-we-are-subsidizing-the-danger-#:~:text=It's%20not%20just%20the%20US,to%20the%20fossil%20fuel%20industry.


SEN. WHITEHOUSE ON FOSSIL FUEL SUBSIDIES: “WE ARE SUBSIDIZING THE DANGER”
Washington, D.C.—U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivered the following opening statement at today’s hearing entitled, “Who Pays the Price: The Real Cost of Fossil Fuels.”

Chairman Whitehouse’s remarks, as prepared for delivery:

Ranking Member Grassley, colleagues, welcome to our seventh Committee hearing on the economic and budgetary perils of dependence on fossil fuels. We have heard testimony from non-partisan, knowledgeable industry leaders about the threat climate change poses to entire sectors of our economy: healthcare, insurance, coastal economies, wildfire areas, the carbon bubble leaving fossil fuel assets stranded.

So, what are we, the federal government, doing to protect against these threats? Actually, we are subsidizing the danger.

As we’ll hear today, the United States subsidizes the fossil fuel industry with taxpayer dollars. It’s not just the US: according to the International Energy Agency, fossil fuel handouts hit a global high of $1 trillion in 2022 – the same year Big Oil pulled in a record $4 trillion of income.

In the United States, by some estimates taxpayers pay about $20 billion dollars every year to the fossil fuel industry. What do we get for that? Economists generally agree: not much. To quote conservative economist Gib Metcalf: these subsidies offer “little if any benefit in the form of oil patch jobs, lower prices at the pump, or increased energy security for the country.” The cash subsidy is both big and wrong.

But the really big subsidy is the license to pollute for free. The IMF calls this global free pass an “implicit” fossil fuel subsidy. Economists call it an “unpriced externality.” Behind these benign-sounding phrases is a lot of harm.

Start with harmful effects of local air pollution. Researchers from Harvard found pollutants from oil and gas combustion were responsible for 8.7 million premature deaths annually – the increased mortality rates from heat and air pollution we heard about at last week’s hearing.

Then, growing costs from intensifying disasters: wildfires, floods, droughts, which according to OMB could cost the federal budget $2 trillion annually and reduce US GDP 3 to 10 percent by the end of the century.

You tally up the harms, and the IMF estimates it at a $5.4 trillion annual subsidy worldwide. In the United States, it’s $646 billion – every single year.

Worse, this is almost certainly undercounting the true costs. The London School of Economics reports that studies often underestimate the harm of climate dangers by failing to account for how hazards can cascade across ecological and economic systems. These cascades can cause irreparable damage to human well-being, to ecosystems, and to the US economy. These are the systemic risks we’ve heard about from previous witnesses.

And as we will hear from one of our witnesses today, the very act of extracting these dirty fuels has terrible consequences for human health – especially for children. From higher rates of birth defects to childhood leukemia, there’s ample evidence that communities around oil and gas extraction sites pay an especially high price.

It's textbook economics that the price of a good should reflect its true cost. The fossil fuel industry violates this rule of market economies. It does so by spending billions of dollars on disinformation, false doubts, climate obstruction, and political dark money. And why not, to protect one of the most lucrative subsidies in human history? This, ladies and gentlemen, is why we can’t have nice things like clean air, safe coral reefs, secure coast lines, and affordable clean energy.

Over in the House, MAGA extremists are doubling down on polluter handouts to their big donors, with their Default on America Act that puts the American taxpayer on the hook for climate disaster.

It is not about debts or deficits. It’s dirty work for an industry that controls one of the main political parties in this country. Oil and gas extraction represents only about 5 percent of GDP. Farming, manufacturing, food and beverage, insurance, finance, restaurants, retail, housing, healthcare – all represent a larger share of GDP. Clean energy now accounts for more employment than the fossil fuel industry. But for political influence, to protect those massive subsidies, nothing compares to fossil fuel.

It is a fundamental principle of democracy that everyone should get an equal say. But here the rich and the powerful hoard all the benefits for themselves and leave everyone else – often the most vulnerable Americans – to pay the price.



The only thing I can agree with here is that we don’t need to subsidize fossil fuels with taxes. Below that they get into half truths and disputed information - I suppose taking the opportunity to make a political stance. “Both sides” do this and it is equally frustrating to me. One idea bounced around is having all electric vehicles by 2030 or 35 or 45 or something in that range depending on which state or group is talking. That would put us net positive on carbon and pollution by the year 2100. The left doesn’t discuss that…neither does the right and that is doubly frustrating. And, to repeat an earlier complaint I had, this leaves citizens at each other’s throats. Government and global companies continue their BS and we end up fighting and fussing with each other.
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