Government does not "invest." They FLUSH OUR MONEY down the crapper.
Posted on 02/09/2024 1:40:07 PM PST by ChicagoConservative27
The cost of the Inflation Reduction Act’s energy and climate provisions is now expected to be significantly higher than previously projected, at least partially because of greater-than-anticipated investment in climate-friendly technology.
The Congressional Budget Office (CBO) revised its projections this week, greatly increasing how much it believes the law’s energy tax credit-related provisions will cost.
“The costs of energy-related tax provisions are much higher than the staff of the Joint Committee on Taxation originally projected,” CBO Director Phillip Swagel said.
One of the factors the agency cited is a greater number of people expected to claim tax credits for electric vehicles, as proposed environmental regulations push the market in that direction and the Treasury Department issues flexible guidance for the credits.
(Excerpt) Read more at thehill.com ...
Yeah investment. It’s cost. Pure cost.
In order for wind power to be viable you need a location with good wind resources.
That means that the winds blow strongly almost all the time for power generation but never too strongly or the turbines need to be shut down
There are very few sites with good wind resources that are near population centers, especially on the East coast
Wind power is simply not viable in most parts of the US, especially the parts that have the highest demand for power
Government does not "invest." They FLUSH OUR MONEY down the crapper.
How do you like that!? The demand for free money is higher than the government expected. Freaking idiots in government can't do anything right. Probably all DEI hires.
Nope. Only EVs
Definitely. My electric bill doubled from last year. No EV or anything else that was done differently.
This is what happens when you decide teaching math is racist.
I don’t call it the communist Hill for nothing. More propaganda and lies than the WP.
There was also the Paperwork Reduction Act and the Revenue Enhancement Act.
“”criminal outposts for grotesque quasi-governmental hedge fund/ corporate wind energy taxpayer-raping thieves””
C’mon, tell us how you really feel about it!
https://www.cbsnews.com/news/venezuelan-migrants-thousands-legal-status-work-permits-u-s/
So the answer appears to be that if you SAY you are from Venezuela, you may have a better chance of getting in.
That borrowed money never had and never will have a future plug nickel paid back of principal
As is EVERY project thought up by the US government!
bingo
BHO made the statement that electricity costs would necessarily skyrocket. Again, more fundamental transformation.
Investing in “green energy” makes China wealthier, causes really serious pollution, makes energy more expensive, and we have no real way to recycle any of it (still less than 5% of batteries - even worse for PV panels) so our kids will have to clean up the mess just like they will have to pay for this since we are putting it on their credit card.
They just declared “Martha’s Vineyard” as a poor community so our kids can install EV chargers in a community where the average home is worth 1.5 million.
greater-than-anticipated investment in climate-friendly technology. BS
The PROBLEM is the Inflation Creation Act of 2022.
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