this post was submitted on 05 Jun 2023
23 points (100.0% liked)
Politics
10192 readers
46 users here now
In-depth political discussion from around the world; if it's a political happening, you can post it here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Getting the tax credit back up to 30% instead of 26% and trending downwards for individuals on solar and geothermal has been fantastic for me. That's in the infrastructure act - The Inflation Reduction Act.
Actual dollar incentives in my pocket in order to dramatically increase my personal energy efficiency while reducing my fossil fuel consumption. All while in no way directly negatively penalizing fossil fuel consumption.
That's pretty sweet.
Did the Trump administration sign any legislation to do anything in particular to incentivize renewable energy at the individual level?
So... I'm from Texas [living in OR..] and an entire industry was cut in half because of this admins cutback in oil - while some of this admins work might have saved you money and allowed you to build your personal infrastructure in a direction you agree with, the people of Midland and Odessa Texas lost 50% overnight.
And, all the workers who flocked and prospered are gone with no oil jobs to go back to.
How did the current administration "cutback" in oil? You're speaking of a for-profit industry that is famously the most boom and bust of commodities, no?
It's appropriate to flock to the future. I expect our government to be forward looking and invest in the future.
I would be disappointed to see the American government prop up the hydrocarbon industry and its move to single-use plastic production rather than incentivize the growth of renewable energy.
Is the current level of US government fossil fuel subsidies of $10-$50 billion per year too little?
They cut last admins regulations back on week 1.
So do I; we should be allowing both fossil and green.
Same.
Yes.