Posted on 08/18/2020 4:52:47 PM PDT by ameribbean expat
On July 27, officials added an amendment to the Manager’s Mark, a ledger of party demands voted on as one omnibus package, stating: “Democrats support eliminating tax breaks and subsidies for fossil fuels, and will fight to defend and extend tax incentives for energy efficiency and clean energy.”
The amendment was approved. But the statement ― which reflects pledges presumptive Democratic presidential nominee Joe Biden and his running mate, Kamala Harris, each made on the campaign trail ― disappeared from the final draft of the party platform circulated Monday.
(Excerpt) Read more at m.huffpost.com ...
Rat fight coming up, get more popcorn.
I don’t believe them....they’ll say and do anything now.
I don’t believe them....they’ll say and do anything now.
CA realizing green energy isn’t viable at state utility scale: https://www.breitbart.com/environment/2020/08/17/california-gov-gavin-newsom-time-to-sober-up-about-green-renewable-energy-flaws/
We all need to be pointing out that the California rollout blackouts will come to the rest of the country if Green New Deal Dem policy is allowed to proceed. The Laws of Physics >> the Laws of Man.
If you Biden.
Joek puts the “fossil” in fossil fuel.
Lots of ads on TV and even Youtube (in PA anyway) slamming Biden over his anti-fracking stance.
Is there no subsidy the Bolshies won’t consider?
Democrats support eliminating tax breaks and subsidies for fossil fuels, and will fight to defend and extend tax incentives for energy efficiency and clean energy.
That just means it's out of the platform -- it's still on the agenda.
There are fossil fuel subsidies?
Who knew?
Perhaps they’re calling leases subsidies now days...
I’m in CA and I see we can now look up our scheduled rotating outages. I now know my “rotating outage block number!”
Terrific. We bought a generator last year as did many of my neighbors.
Now we are like a developing country and we have to take turns sharing the power. Wow.
If this helps our great President, I’ll sacrifice my electricity. . .hopefully this makes national news and the rest of the states will decide to NOT follow in the tryannical footsteps of those like Gavin Newsom.
They probably need subsidies to stay in business considering how much they pay in taxes, XOM for example: https://corporate.exxonmobil.com/en/company/policy/exxonmobil-us-tax-expenses-outweigh-us-net-income
well if Biden won, I was hoping that all oil subsidies would end and my liberal sil with the inherited oil wells will finally feel the pinch of her stupid liberal ass ideas...
What fossil fuel subsidies?
Allowing a well to be deprecated like all other equipment?
https://blogs.scientificamerican.com/observations/fossil-fuel-subsidies-must-end/
“In our analysis of the issue, we take the example of one specific subsidy: a federal tax break that allows U.S. oil producers to immediately deduct from their taxes most of the costs of constructing and drilling new wells. Conventional models assume that such subsidies are uniformly distributed across all oil fields, whereas in reality, governments often preferentially target new—rather than existing—capital investments. The result is a lowering of producers’ up-front cash-flow requirements, leading them to drill more new wells than they otherwise would. This process locks in and accelerates fossil-fuel production and, in turn, greenhouse gas emissions”
Oh goody... considering there is no such thing as “fossil fuel.”
Simple solution for CA. Build nuke plants, and reservoirs with hydro. Electricity and water for the farmers.
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