Swing-state households would lose at least $70G within first year of Green New Deal, study finds

Discussion in 'United States' started by Josephwalker, Jul 30, 2019.

  1. FreshAir

    FreshAir Well-Known Member Past Donor

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    why did we need to go to the moon, sometimes progress is hard, but we push on

    "We choose to go to the Moon! We choose to go to the Moon...We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one we intend to win, and the others, too"
     
  2. Josephwalker

    Josephwalker Banned

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    Subsidies for fossil fuels are a myth. They get the same tax breaks all corporations get. Wind and solar on the other hand truly do get government subsidies and couldn't survive without them
     
  3. Josephwalker

    Josephwalker Banned

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    What forces them to spend 70k is the increased cost of every modern convenience and increased taxes that will be the result of the green new deal.
     
  4. Josephwalker

    Josephwalker Banned

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    See post #77
     
    Last edited: Aug 2, 2019
  5. Josephwalker

    Josephwalker Banned

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    Even if that was true how long are these subsidies supposed to go on? At some point a business model has to be able to pull it's own weight.
     
  6. Josephwalker

    Josephwalker Banned

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    Care to expound on these subsidies to those industries you speak of!
     
  7. Josephwalker

    Josephwalker Banned

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    Did going to the moon cost every household in America 70k per year? That's the subject here even though the left has rather successfully tried to distract from that.
     
  8. Derideo_Te

    Derideo_Te Well-Known Member

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    Your allegation is WRONG!

    https://www.forbes.com/sites/jamese...more-on-fossil-fuel-subsidies-than-education/

    https://www.vox.com/2019/5/17/18624740/fossil-fuel-subsidies-climate-imf

    [​IMG]

    https://www.forbes.com/sites/judeclemente/2017/09/29/nuclear-subsidies-are-bad-energy-policy/

     
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  9. Josephwalker

    Josephwalker Banned

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    I was pretty specific I thought in talking about America but maybe not. I have no idea about the rest of the world and their energy policies.
    Read the OP again. It's about America not the world.
     
    Last edited: Aug 2, 2019
  10. Derideo_Te

    Derideo_Te Well-Known Member

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    Thank you for establishing that you FAILED to actually READ the report because it discussed US subsidies too.
     
  11. Josephwalker

    Josephwalker Banned

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    I ignored the IMF analysis of so called subsidies in the US because we have none. They get the same tax breaks as every other corporation. Other countries as I said I have no idea about
     
    Last edited: Aug 2, 2019
  12. FlamingLib

    FlamingLib Well-Known Member

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    We subsidize farmers as well, and thanks to Trump's trade war, we've REALLY been subsidizing them. Oh, and also sugar growers and ethanol producers. The list of govt. subsidies is almost endless, but god forbid we try and spend some tax dollars to get off the fossil fuel tit.
     
  13. Derideo_Te

    Derideo_Te Well-Known Member

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    Another massive load of bovine excrement!

    [​IMG]
     
  14. FlamingLib

    FlamingLib Well-Known Member

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    From the article: "The overall price tag of the Green New Deal in other studies have been pegged at $93 trillion." $93 trillion, eh? Do you think that seems a tad high? Do you know the U.S. entire GDP is under $20 trillion?
     
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  15. Adfundum

    Adfundum Moderator Staff Member Donor

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    I think you're more right than wrong on this. NC, a brightly red state, is #2 in the nation as far as solar power. Midwestern gas producers are investing considerably in wind power. Coal powered plants are fading. The industry knows that this is where the future is going. The problem is that these "alternative" energy sources are political fodder, and have been used to get votes by left and right side politicians.
     
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  16. Josephwalker

    Josephwalker Banned

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    We do subsidize farmers but don't subsidize fossil fuel.
     
  17. Josephwalker

    Josephwalker Banned

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    The 93 trillion is over ten years I believe
     
  18. FlamingLib

    FlamingLib Well-Known Member

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    "Here's a look at some subsidies in President Obama's 2012 Fiscal Year budget:

    -$126 million for wind

    -$340 million for bio fuels

    -$457 million for solar

    -$452 million clean coal

    -$800 million for nuclear

    Oil and gas get even more of your money through tax incentives, deductions, depreciation and investment credits. Those total about $3.6 billion a year, according to the Administration."
    https://www.foxnews.com/politics/its-all-your-money-paying-for-energy-subsidies
     
    Last edited: Aug 2, 2019
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  19. FlamingLib

    FlamingLib Well-Known Member

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    You might as well say it's going to cost a million gazillion dollars. That's as believable as any other figure you've cited.
     
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  20. Josephwalker

    Josephwalker Banned

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    I'd need to see the specifics of what Obama called subsidies for fossil fuel. Your link comes up blank
     
  21. Adfundum

    Adfundum Moderator Staff Member Donor

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    According to Forbes...
    These are the 'not-subsidies' granted to the fossil fuel industry:

    Master Limited Partnerships
    Intangible Drilling Costs
    Royalty Payment Reductions on Federal Lands
    Depletion Allowance
    Domestic Manufacturing Deduction
    Foreign Tax Credit

    'Not-subsidies' are tax breaks granted to industries for the purpose of reducing the cost of business and increasing profitability. You really have to love what we do with language.
     
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  22. Josephwalker

    Josephwalker Banned

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    Just because you don't believe them doesn't make them untrue. I've looked and I've asked others to find dramatically lower numbers but neither I or anyone else can find any. Anybody that crunches the numbers on this comes in at the 50k to 100k mark.
     
  23. Josephwalker

    Josephwalker Banned

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    Royalty payment reductions are the only thing on that list that could qualify as subsidies and it would be interesting just where and why they were reduced. You really can't compare any tax breaks the oil industry gets to wind and solar subsidies that are the only thing keeping those industries up and running.
     
    Last edited: Aug 2, 2019
  24. FlamingLib

    FlamingLib Well-Known Member

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    All tax breaks are subsidies. If you owe 20% in taxes, and I reduce that amount because you're such a special vital industry, you're being subsidized by me. Well, by the tax payers.
     
    Last edited: Aug 2, 2019
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  25. StarFox

    StarFox Banned

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    Kind of like lying about obamacare. that it would reduce costs, even putting the word affordable in the title. Is there a single thing about obamacare that is affordable, anything? Maybe they should call it the Affordable Green New Deal then democrats will fall for it hook line and sinker. That is a proven tactic.
     
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