Today, would you buy an EV vehicle.

[oosik]

That's an easy answer - NO.

 

[CH4Ohio]

Oil company 2020 “Fossil Fuels” subsidy totaled 5.9 trillion dollars, yes with a T. That calculates to 11.27 million dollars every second of every hour of every day of 2020 we paid these companies. How many windmills that would install you ask? =5.9 trillion dollars would build and install 3,371 complete 1,000 MW wind farms. 5.9 trillion would build and install 1,685,500 windmills. Other than maintenance and inspection and probably replacing a few, that’s 3,371,000 megawatts of free power for about 15 years. Personally I’d rather steer our publicly subsidized dollars towards windmills.

Where's the data for the $5.9 Trillion subsidy to "fossil fuels" that you mention? In what form was this subsidy paid and to who?

Other than standard business expenses and GAAP accounting, I'm not aware of any subsidies for drilling a well or building a pipeline.

 

[CH4Ohio]

Oil company 2020 “Fossil Fuels” subsidy totaled 5.9 trillion dollars, yes with a T. That calculates to 11.27 million dollars every second of every hour of every day of 2020 we paid these companies. How many windmills that would install you ask? =5.9 trillion dollars would build and install 3,371 complete 1,000 MW wind farms. 5.9 trillion would build and install 1,685,500 windmills. Other than maintenance and inspection and probably replacing a few, that’s 3,371,000 megawatts of free power for about 15 years. Personally I’d rather steer our publicly subsidized dollars towards windmills.

Wind turbines are the biggest scam and farce in the "green energy" arsenal. Developers get rich soaking up the give-aways and then sell the projects as soon as they can get them completed. Electric companies are MANDATED to buy the energy and adjust their generation according to the whims of the wind and the wind facility operator. Surrounding non-participating landowners are stuck with an ugly landscape and devalued properties.

There's no comparison to the footprint needed per MW of generation for a conventional or nuclear plant vs. industrial wind turbines. And the former is on-demand and reliable 24x7 while the latter is intermittent and unpredictable.

 

[bnold]

We need to stop being afraid of nuclear power plant...

Definitely agree on this.
US is behind the times… Again.

 

[bnold]

It's a tax credit on your PERSONAL tax return. True. The government incentivized you to take advantage of this tax credit to further their fake "green" agenda. The point is, that you paid a lower marginal tax rate than if you had NOT spent your money as they wanted you to.

Basically correct.

Not much different than the government incentivizing me to purchase a new vehicle or equipment and deducting the entire purchase in one year via a section 179 deduction. (How I needed up with a new crazy inflated new truck last year, either spent the money or give it to the feds)

Spent $$ on a qualifying purchase: solar, business truck and equipment and reduce the tax burden (well reduce the profit to reduce the tax burden)

Folks make it sound like credits and deductions are a new thing to tax code.
It is the gooberments way of making something appear attractive to support whatever they’d like you to support. Sometimes I like it, other times I don’t (child tax credit, etc…)

 

[DGZRT]

I’m waiting for the Mazda Skyactiv-x , compression ignition engine mated to a Hybrid system . I know Mazda and Toyota have teamed up on other vehicles. Why can’t they have the Mazda motor with the Toyota hybrid and transmission and get 100 mpg ?? We would all be happy and it would be a win win for everyone.

 

[CH4Ohio]

We need to stop being afraid of nuclear power plant...

Absolutely!

You're right about public perception of nuclear. Environmentalists have won this propaganda war and it's been politically incorrect to advocate for nuclear. We've made the permitting and construction process almost impossible to overcome.

Intermittent "renewable" power sources simply can't be the answer.

There are almost 100 reactors operating in the US at over 50 generating plants. No one has ever heard of them really because they are incident-free. The nuclear industry is recognized as having a tremendous safety record, despite statements to the contrary.

Three Mile Island got sensationalized in the China Syndrome movie for a small release of steam but there was no external contamination. Design changes were made. Chernobyl was a flawed design that was well known prior to the incident. No reactors of that design are still operating in Europe and never existed in the US.

France was almost entirely nuclear. They were very innovative and nearly solved their waste-fuel disposal issue by "recycling" that waste through another reactor process. Despite their success and relatively cheap electric prices, they decided to go "green" and build wind turbines everywhere. Now they've found that it requires a tremendous land footprint and doesn't work as a primary energy source.

It's clear that our future lies in science and physics and power-on-demand solutions. The navy powers a nuclear aircraft carrier with a very few pounds of uranium -- generates all their power needs, travels constantly all over the world, desalinates water, supports ~5000 personnel, etc. And they have to "refuel" every 6-10 years. The same with nuclear submarines that stay submerged for months and can operate for years without refueling.

Anyone ever see a sci-fi movie where everything runs on wind turbine energy . . . ??

 

[RoyJackson]

We need to stop being afraid of nuclear power plant...

Yes, we do...
Although I do think Fusion power would be safer, commercial power generation by fusion is still probably a couple decades away

 

[CH4Ohio]

Basically correct.

Not much different than the government incentivizing me to purchase a new vehicle or equipment and deducting the entire purchase in one year via a section 179 deduction. (How I needed up with a new crazy inflated new truck last year, either spent the money or give it to the feds)

Spent $$ on a qualifying purchase: solar, business truck and equipment and reduce the tax burden (well reduce the profit to reduce the tax burden)

Folks make it sound like credits and deductions are a new thing to tax code.
It is the gooberments way of making something appear attractive to support whatever they’d like you to support. Sometimes I like it, other times I don’t (child tax credit, etc…)

Being able to accelerate depreciation via 179 applies to any applicable expense. All I'm saying is that you don't get a 30% tax credit for installing a diesel back-up generator, but you do get a credit if you choose to install solar panels. We agree on that. There are government subsidies to the buyer or the manufacturer for an EV, but NOT for a conventional gasoline or diesel vehicle.

I also agree that people refer to accounting "expenses" and "depreciation" as "subsidies". They're not.

 

[PorterMF65]

Not sure how all of the electric vehicles are going to play out. Having worked for the power company for the last 25 years, it doesn't make any sense. Solar and wind are great but they still don't function without fossil fuels. Electric vehicles are being forced by politicians looking for votes. I keep thinking, what is Nascar going to look like when they are made to run EV's. I guess there will be 1 hour intermission's when they stop to recharge? It will be quieter though.