Forum Discussion
cekkk
Jul 16, 2013Explorer
The oil and gas industries do not get subsidies, period. They take allowable deductions on their tax forms, just as all companies and most families do. It's their/our money to begin with. It wasn't given to us. Allowing people and companies to keep their earning is, cover your eyes, NOT A SUBSIDY!
Wind and solar sectors, on the other hand, take in $12.5 billion annually in direct subsidies. Once, this may have been justified on the grounds they needed that help to compete. But now it's clear. They don't work, they don't produce jobs on their own, they won't produce jobs on their own, and they have produced little if any innovation.
What's the level of investment in a megawatt of production? How about 64 cents for fossil versus over $50 for wind! Oh, yeah. Solar. Recently about $775?
I'm not a fan of oil. If NG could cut off OPEC at the knees, I'm for it. But this blind anti-fossil rhetoric is severely hurting the country.
Wind and solar sectors, on the other hand, take in $12.5 billion annually in direct subsidies. Once, this may have been justified on the grounds they needed that help to compete. But now it's clear. They don't work, they don't produce jobs on their own, they won't produce jobs on their own, and they have produced little if any innovation.
What's the level of investment in a megawatt of production? How about 64 cents for fossil versus over $50 for wind! Oh, yeah. Solar. Recently about $775?
I'm not a fan of oil. If NG could cut off OPEC at the knees, I'm for it. But this blind anti-fossil rhetoric is severely hurting the country.
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