Posted on 06/28/2023 3:10:15 AM PDT by george76
What a coincidence that the biden admin is doing the same thing that the obama admin did. It’s like they have the same people and same ideas.
The tyrants know that there is not enough electric power generated now - thus they are closing low cost, efficient coal and other plants that run 24/7 to create black outs.
Intentional.
Just like Solendra, the purpose and goal of these businesses is not to actually build anything but to “redistribute” the grants and naive investments.
Remember Solyndra?? These “elites” are sucking us dry. And people keep getting suckered into supporting them by being brainwashed to believe that they are being virtuous. Virtue is the habit of doing good. Goodness comes from God Almighty, not from sinful man. WAKE UP PEOPLE!
Government union schools rarely teach civics anymore - so the slaves ( formerly known as citizens ) are ignorant of the written US Constitution / Bill of Rights.
That the govt (illegally) “loaned” & utilizes ‘tax credits’ proves it’s *NOT* sustainable to begin.
Blather’s analysis is especially insightful.
The issue with “tax breaks” is that .gov is putting their thumb on the scale and trying to pick winners and losers.
In an amazing coincidence the beneficiaries “tax breaks” are often financial supporters of that part of .gov making the rules.
;-)
NYS has thrown billions of taxpayer dollars down this rat hole and the state is still an economic disaster area.
Foxconn is from Taiwan. It has some fab in mainland China, as well as Vietnam, India, other places. Foxconn is also involved (I think...) in Saudi Arabia's EV startup.
To what end?
Ignoring reliable base-load energy production that works 24 / 7 , like coal, is perilous, as many will soon find out ..
Note what happened to Rhodesia and is happening to South Africa.
13 min 22MAY2023
China’s Growing Global Dominance In Electric Vehicles & EV Battery Production | Global EV Markets
https://www.youtube.com/watch?v=BNjYvqtOMZg
regarding hydrogen-powered vehicles:
https://www.youtube.com/@EngineeringExplained/search?query=hydrogen
I like him because he’s a nerd and just likes cars in general:
https://www.youtube.com/@EngineeringExplained/videos
Yes, H2 engines are a very bad idea.
Solyndra was a joke
If it moves, tax it. If it still moves, tax it some more. If it still moves, regulate it. If it stops moving, subsidize it.
In the spirit of Solyndra.
Despite Biden’s blitz propaganda, polls are against him, so far.
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