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The Green Energy Subsidy Lie

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Posted By: RockyTCB, 10/6/2023 7:30:10 AM

Environmentalists have long complained about oil and gas industry subsidies. But we don’t hear from them regarding the subsidies paid out for politically favored renewable energy programs, even though the supposedly green sources are dining sumptuously on taxpayers’ dollars. In fact, renewables are more heavily subsidized than the fossil fuels, and it would be difficult if not impossible for them to exist without the support. From 2016 to 2022, “energy-specific subsidies and support” totaled $183.3 billion, according to a U.S. Energy Information Administration report. While “wind and solar power account for about 21% of domestic electricity production,”

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Reply 1 - Posted by: NamVet70 10/6/2023 8:40:44 AM (No. 1570655)
"In truth, the fossil fuel industry receives no special benefits but simply takes advantage of the breaks all business are eligible for." - The article does contain this one truthful statement. Petroleum and gas energy does not receive any subsidies. Tax breaks are not subsidies. A reduction in a tax is not a gift, it is just relief from some tax burden. The rest of the article seems to imply that those energy sources are subsidized, which is clearly untrue. Gas and oil energy is very heavily taxed, and even with subsidies the "green" energy is not competitive. It is impossible to sustain our modern lifestyle on "green" energy. The global warming scare is a cruel hoax.
10 people like this.

Reply 2 - Posted by: czechlist 10/6/2023 8:52:47 AM (No. 1570667)
We have it backwards. We mostly send Lawyers to Congress who rely on business and engineering advisors (lobbyists, grifters). We need to elect businessmen and engineers to Congress who only seek legal advice regarding their legislatton
6 people like this.

Reply 3 - Posted by: moebellini3 10/6/2023 9:08:32 AM (No. 1570677)
These are not subsidies, they are part of the money laundering scam run by democrats. Green companies receive hundreds of millions in taxpayer dollars and in a few years are bankrupt and the money's gone. Gone right into the pockets of democrats who take every dollar they can get their hands on. Like that green energy company Solyndra. Obama gave them 500 million taxpayer dollars and in just two years they were bankrupt. Not a dime was ever recovered. Under Obama over 30 green energy companies received millions of dollars in taxpayer money and all went bankrupt. Get the picture yet. Wake up...
5 people like this.

Reply 4 - Posted by: FL_Absentee_Voter 10/6/2023 10:17:24 AM (No. 1570754)
I was at a Chevy dealer a few years back, getting some work done on my 6.5-litre diesel Suburban. While waiting, I wandered into the showroom to have a look around and there sat a new Volt. A salesman started raving about it and said that Chevy had faith in the vehicle to the point they were losing $2,000 on every one sold. I told him Chevy wasn't losing that money - the taxpayers were. He walked away.
3 people like this.

Reply 5 - Posted by: smokincol 10/6/2023 12:58:30 PM (No. 1570873)
the demcommies are making the "climate change" argument to validate the musings of horseface kerry and albertus goreibus, the climate change king #1 & #2
2 people like this.

Reply 6 - Posted by: DVC 10/6/2023 2:31:32 PM (No. 1570926)
Oil and gas in all forms are HEAVILY taxed, NOT subsidized. All the horrible, unreliable, undependable, intermittent "green" foolishness is massively subsized.....and a much bigger factor, and much less known is that power companies are required by law to buy ALL power that green suppliers offer for sale, regardless of price. THIS is bigger than any subsidy - forcing a company to purchase something that it doesn't want at exorbitant prices is just ---- literally fascist.
1 person likes this.

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