Forum Discussion
Timmo_
Apr 29, 2021Explorer II
I have never received a government subsidy to specifically buy an IC car or truck.
I did receive a tax break for depreciation and deducting the operating costs of my wife's Mercedes Benz we used in business.
Oil producers also receive a tax break for "depreciation", but it is called "intangible drilling costs".
I guess we can conclude, if you drive an EV, then you support strip mining.
On Edit:
If biofuel subsidy is soo bad, then why did the Senate Democrats release a plan to achieve 100 percent global net-zero emissions no later than 2050, which includes proper implementation of the Renewable Fuel Standard (RFS)?
You know, Prez Trump tried to quash the subsidy.
From the Senate Democrats Climate Change Report--
https://www.schatz.senate.gov/imo/media/doc/SCCC_Climate_Crisis_Report.pdf
Currently, the primary driver of alternatives fuels in the United States is the Renewable Fuel
Standard (RFS). The RFS creates a mandate for volumes of renewable fuels that refiners and
blenders must use in transportation fuels, and sets up a trading system so those volumes can
be used most efficiently. If implemented properly, the RFS gives farmers revenue stability,
allowing U.S. agriculture to play an important role in reducing U.S. oil usage and further
supporting rural economies. Although biodiesel use has expanded, the advanced biofuels
segment has not otherwise developed as rapidly as the authors of the RFS envisioned. This
is at least in part because the Trump administration continues to lower biofuel volumes and
waive blending requirements under the RFS, jeopardizing the market stability that the RFS
was intended to create. New policy tools may be needed to encourage growth of new advanced
fuels beyond just corn starch ethanol and soybean biodiesel.
I did receive a tax break for depreciation and deducting the operating costs of my wife's Mercedes Benz we used in business.
Oil producers also receive a tax break for "depreciation", but it is called "intangible drilling costs".
I guess we can conclude, if you drive an EV, then you support strip mining.
On Edit:
If biofuel subsidy is soo bad, then why did the Senate Democrats release a plan to achieve 100 percent global net-zero emissions no later than 2050, which includes proper implementation of the Renewable Fuel Standard (RFS)?
You know, Prez Trump tried to quash the subsidy.
From the Senate Democrats Climate Change Report--
https://www.schatz.senate.gov/imo/media/doc/SCCC_Climate_Crisis_Report.pdf
Currently, the primary driver of alternatives fuels in the United States is the Renewable Fuel
Standard (RFS). The RFS creates a mandate for volumes of renewable fuels that refiners and
blenders must use in transportation fuels, and sets up a trading system so those volumes can
be used most efficiently. If implemented properly, the RFS gives farmers revenue stability,
allowing U.S. agriculture to play an important role in reducing U.S. oil usage and further
supporting rural economies. Although biodiesel use has expanded, the advanced biofuels
segment has not otherwise developed as rapidly as the authors of the RFS envisioned. This
is at least in part because the Trump administration continues to lower biofuel volumes and
waive blending requirements under the RFS, jeopardizing the market stability that the RFS
was intended to create. New policy tools may be needed to encourage growth of new advanced
fuels beyond just corn starch ethanol and soybean biodiesel.
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