CDZ The American Republican Denial of Climate change.

[Boston1]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

 

[Boston1]

Energy in Germany is a luxury item?

Germany's Energy Poverty: How Electricity Became a Luxury Good - SPIEGEL ONLINE

Altmaier and others are on a mission to help people save money on their electricity bills, because they're about to receive some bad news. The government predicts that the renewable energy surcharge added to every consumer's electricity bill will increase from 5.3 cents today to between 6.2 and 6.5 cents per kilowatt hour -- a 20-percent price hike.

German consumers already pay the highest electricity prices in Europe. But because the government is failing to get the costs of its new energypolicy under control, rising prices are already on the horizon.

Electricity is becoming a luxury good in Germany, and one of the country's most important future-oriented projects is acutely at risk.

---------

Paying Big for Nothing

For society as a whole, the costs have reached levels comparable only to the euro-zone bailouts. This year, German consumers will be forced to pay €20 billion ($26 billion) for electricity from solar, wind and biogas plants -- electricity with a market price of just over €3 billion. Even the figure of €20 billion is disputable if you include all the unintended costs and collateral damage associated with the project. Solar panels and wind turbines at times generate huge amounts of electricity, and sometimes none at all. Depending on the weather and the time of day, the country can face absurd states of energy surplus or deficit.

If there is too much power coming from the grid, wind turbines have to be shut down. Nevertheless, consumers are still paying for the "phantom electricity" the turbines are theoretically generating. Occasionally, Germany has to pay fees to dump already subsidized green energy, creating what experts refer to as "negative electricity prices."

Yes...we are from the German Government and we are here to help....

I think I see what they are trying to do....you allow the poor to freeze to death in the winter....because they can't afford the energy prices that have increased because of green energy...then you have fewer people using the energy.....and thus renewables actually work....

Hmmmm...Germany sure has an odd way of cutting costs.........didn't they try this in the 30s?

Yeah so what ?

I did about the same thing. I paid a premium up front and shortened my pay off time. The Germans are expecting to pay off their new system in just a few years. Looks like mine will be paid in less than four. So whats your point ?

 

[Boston1]

While I generally just stick to the science, as its irrefutable; discussing the economics is always entertaining.

I think it actually aggravates some people to know there are so many financial benefits to going green. Must be that cognitive dissonance thing again.

I save a fortune on energy costs and am laughing all the way to the bank.

Meanwhile the oil and gas stooges just keep paying those bills.

Must be tough being "fossilized" like that ;--)

 

[Toddsterpatriot]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that. Durr.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

No, your handout is not like a real business expense incurred while providing useful energy.

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

I'm sorry if I miscalculated the amount of your handout.

Its the Profitability Stupid.

The sad story of how the biggest solar company in the world fell to its knees

SunEdison, the biggest solar-energy manufacturing firm in the entire world, is nearing bankruptcy.

Its decline has been swift and brutal, taking some of the most legendary names in finance with it.

The stock that was once a hedge fund darling has turned into Wall Street's nightmare.

A company that was once worth more than $10 billion is now valued at $150 million, with close to $8 billion in long-term debt.

The sad story of how the biggest solar company in the world fell to its knees

Durr.

Green energy, the fastest growing portion of the energy sector

Yes, billions in wasteful subsidies can cause plenty of misallocation of resources.

and again Germany's emissions are going down.

Waste enough money, charge your consumers enough extra for "green energy", you can do lots of things.

Ours are going down as well. So what?

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets.

Sure, add enough green energy, you reduce demand for reliable fossil fuel energy.
Eliminate enough of the reliable energy, you'll destabilize the grid. Then they'll have to run money losing coal plants to backup the unreliable "green energy".
It'll be educational to watch how this all plays out.

 

[Boston1]

Uneconomic ? You are dreaming. I save a fortune, I don't support the oil and gas industry and I benefit the environment. Its about as economical as it gets.

LMAO my write off is exactly like a real business write off and it is most useful as I don't have to buy energy.

Again there is no hand out. Its a tax write off exactly like what the energy industry gets. And you still seem to be missing that it goes directly to the taxpayer rather than to some billionaire corporate scumbag

Oh lord and the sun Edison nonsense again. Businesses come and go all the time. there's no monopoly on poor business practices in the oil and gas industry. Any business is subject to failure if poorly managed. Overall green energy is booming and justifiably so.

Your arguments have descended to the point they are really not even worth responding to at this point.

A simple application of logic and reason tells anyone with an open mind that cheaper more reliable and safe for the environment is better than business as usual, thats utterly screwed up the planet.

Your arguments boil down to dogma and ideology.

Hardly convincing.

 

[Toddsterpatriot]

Uneconomic ? You are dreaming. I save a fortune, I don't support the oil and gas industry and I benefit the environment. Its about as economical as it gets.

LMAO my write off is exactly like a real business write off and it is most useful as I don't have to buy energy.

Again there is no hand out. Its a tax write off exactly like what the energy industry gets. And you still seem to be missing that it goes directly to the taxpayer rather than to some billionaire corporate scumbag

Oh lord and the sun Edison nonsense again. Businesses come and go all the time. there's no monopoly on poor business practices in the oil and gas industry. Any business is subject to failure if poorly managed. Overall green energy is booming and justifiably so.

Your arguments have descended to the point they are really not even worth responding to at this point.

A simple application of logic and reason tells anyone with an open mind that cheaper more reliable and safe for the environment is better than business as usual, thats utterly screwed up the planet.

Your arguments boil down to dogma and ideology.

Hardly convincing.

Uneconomic ?

Yes, an activity that makes no economic sense without the government handout.

You are dreaming. I save a fortune,

Excellent. Then you'll do as much of this activity without the government handout.

Again there is no hand out. Its a tax write off exactly like what the energy industry gets

An oil firm gets to deduct the cost of drilling a well against their profits.
How is handing you 30% of the cost of your solar installation exactly like that?

A simple application of logic and reason tells anyone with an open mind that cheaper more reliable and safe for the environment is better than business as usual

If that was the case, no government handout would be needed.

 

[Boston1]

I'm afraid your comments really aren't worthy of a response. Our subject is supposed to be climate change anyway.

Maybe if you develop some more realistic questions that aren't based on such obvious dogma and such twisted ideology, but without a marked improvement, I really don't see why I should waste me time.

Cheers

 

[Tehon]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that. Durr.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

No, your handout is not like a real business expense incurred while providing useful energy.

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

I'm sorry if I miscalculated the amount of your handout.

Its the Profitability Stupid.

The sad story of how the biggest solar company in the world fell to its knees

SunEdison, the biggest solar-energy manufacturing firm in the entire world, is nearing bankruptcy.

Its decline has been swift and brutal, taking some of the most legendary names in finance with it.

The stock that was once a hedge fund darling has turned into Wall Street's nightmare.

A company that was once worth more than $10 billion is now valued at $150 million, with close to $8 billion in long-term debt.

The sad story of how the biggest solar company in the world fell to its knees

Durr.

Green energy, the fastest growing portion of the energy sector

Yes, billions in wasteful subsidies can cause plenty of misallocation of resources.

and again Germany's emissions are going down.

Waste enough money, charge your consumers enough extra for "green energy", you can do lots of things.

View attachment 70114

Ours are going down as well. So what?

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets.

Sure, add enough green energy, you reduce demand for reliable fossil fuel energy.
Eliminate enough of the reliable energy, you'll destabilize the grid. Then they'll have to run money losing coal plants to backup the unreliable "green energy".
It'll be educational to watch how this all plays out.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all. The intent of the subsidy was to encourage investment in a risky venture.
It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home. Well, minus the 70% of course.

 

[OldLady]

If you want reliable energy with no CO2 emissions, you have to support nuclear energy.
I'm not sure there's anything wrong with that.

You need to convince people that would freeze in the winter that they need to stop burning fossil fuels, or they'll stop thriving.
What about the sewer treatment plants and landfills that are converting the CO2 emissions into natural gas? What about heating with electricity provided by wind power? Given a chance, there will be many alternatives. You seem to know much more about the topic than I do, so you must realize that's true.

I'm not sure there's anything wrong with that.

Congrats. You're smarter than 95% of the greens out there.

What about the sewer treatment plants and landfills that are converting the CO2 emissions into natural gas?

That would be capturing methane, not converting CO2. Sounds good. Will that double fuel costs? Triple? More?

What about heating with electricity provided by wind power?

If I had to heat my home in Chicago with wind power, I'd be toasty in the summer and freezing in the winter.

Given a chance, there will be many alternatives.

Yes, lots of tiny, expensive "green" alternatives to supplement cheap, reliable fossil fuels.

They won't stay expensive and tiny given time, and you realize that. There is nothing wrong with thinking beyond your 'reliable' fossil fuels that will (1) eventually be exhausted and (2) are poisoning our planet. You know that, too. Thanks for the correction on the methane thing, btw.

They won't stay expensive and tiny given time, and you realize that.

Great, we should stop wasting money subsidizing them.

There is nothing wrong with thinking beyond your 'reliable' fossil fuels

I have no problem thinking beyond fossil fuels.
Thorium reactors should also be built, and if you're in love with solar, I've supported solar power satellites since at least 1980.

are poisoning our planet.

Carbon dioxide is not a poison.

the rate and duration of the extreme change we are seeing today due to the changes in the atmospheric chemistry caused by the burning of fossil fuels is completely unique and virtually guaranteed to result in catastrophic consequences.

I believe what he says. Not poison, technically, but causing a lot of trouble.

 

[320 Years of History]

New study just released/published in the past week.

I suppose in the minds of some folks it's just one more thing to be denied.

 

[CrusaderFrank]

Denier is a cult word, to the point of almost beind a secret handshake that instantly identfies Cult membership

 

[Toddsterpatriot]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that. Durr.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

No, your handout is not like a real business expense incurred while providing useful energy.

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

I'm sorry if I miscalculated the amount of your handout.

Its the Profitability Stupid.

The sad story of how the biggest solar company in the world fell to its knees

SunEdison, the biggest solar-energy manufacturing firm in the entire world, is nearing bankruptcy.

Its decline has been swift and brutal, taking some of the most legendary names in finance with it.

The stock that was once a hedge fund darling has turned into Wall Street's nightmare.

A company that was once worth more than $10 billion is now valued at $150 million, with close to $8 billion in long-term debt.

The sad story of how the biggest solar company in the world fell to its knees

Durr.

Green energy, the fastest growing portion of the energy sector

Yes, billions in wasteful subsidies can cause plenty of misallocation of resources.

and again Germany's emissions are going down.

Waste enough money, charge your consumers enough extra for "green energy", you can do lots of things.

View attachment 70114

Ours are going down as well. So what?

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets.

Sure, add enough green energy, you reduce demand for reliable fossil fuel energy.
Eliminate enough of the reliable energy, you'll destabilize the grid. Then they'll have to run money losing coal plants to backup the unreliable "green energy".
It'll be educational to watch how this all plays out.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all. The intent of the subsidy was to encourage investment in a risky venture.
It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home. Well, minus the 70% of course.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all.

Link?

The intent of the subsidy was to encourage investment in a risky venture.

It's true, not every drilled well is successful or profitable.

It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home.

What's the risk with the home installation? Leaky roof?

 

[Tehon]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that. Durr.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

No, your handout is not like a real business expense incurred while providing useful energy.

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

I'm sorry if I miscalculated the amount of your handout.

Its the Profitability Stupid.

The sad story of how the biggest solar company in the world fell to its knees

SunEdison, the biggest solar-energy manufacturing firm in the entire world, is nearing bankruptcy.

Its decline has been swift and brutal, taking some of the most legendary names in finance with it.

The stock that was once a hedge fund darling has turned into Wall Street's nightmare.

A company that was once worth more than $10 billion is now valued at $150 million, with close to $8 billion in long-term debt.

The sad story of how the biggest solar company in the world fell to its knees

Durr.

Green energy, the fastest growing portion of the energy sector

Yes, billions in wasteful subsidies can cause plenty of misallocation of resources.

and again Germany's emissions are going down.

Waste enough money, charge your consumers enough extra for "green energy", you can do lots of things.

View attachment 70114

Ours are going down as well. So what?

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets.

Sure, add enough green energy, you reduce demand for reliable fossil fuel energy.
Eliminate enough of the reliable energy, you'll destabilize the grid. Then they'll have to run money losing coal plants to backup the unreliable "green energy".
It'll be educational to watch how this all plays out.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all. The intent of the subsidy was to encourage investment in a risky venture.
It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home. Well, minus the 70% of course.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all.

Link?

The intent of the subsidy was to encourage investment in a risky venture.

It's true, not every drilled well is successful or profitable.

It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home.

What's the risk with the home installation? Leaky roof?

Link?

Oil: A Big Investment With Big Tax Breaks | Investopedia

• Intangible Drilling Costs: These include everything but the actual drilling equipment. Labor, chemicals, mud, grease and other miscellaneous items necessary for drilling are considered intangible. These expenses generally constitute 65-80% of the total cost of drilling a well and are 100% deductible in the year incurred. For example, if it costs $300,000 to drill a well, and if it was determined that 75% of that cost would be considered intangible, the investor would receive a current deduction of $225,000. Furthermore, it doesn't matter whether the well actually produces or even strikes oil. As long as it starts to operate by March 31 of the following year, the deductions will be allowed.

What's the risk with the home installation? Leaky roof?

My point is that the subsidies for both fossil fuels and green energy were extended by the government to encourage a preferred economic activity which ultimately leads to a development of processes.

 

[Toddsterpatriot]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that. Durr.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

No, your handout is not like a real business expense incurred while providing useful energy.

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

I'm sorry if I miscalculated the amount of your handout.

Its the Profitability Stupid.

The sad story of how the biggest solar company in the world fell to its knees

SunEdison, the biggest solar-energy manufacturing firm in the entire world, is nearing bankruptcy.

Its decline has been swift and brutal, taking some of the most legendary names in finance with it.

The stock that was once a hedge fund darling has turned into Wall Street's nightmare.

A company that was once worth more than $10 billion is now valued at $150 million, with close to $8 billion in long-term debt.

The sad story of how the biggest solar company in the world fell to its knees

Durr.

Green energy, the fastest growing portion of the energy sector

Yes, billions in wasteful subsidies can cause plenty of misallocation of resources.

and again Germany's emissions are going down.

Waste enough money, charge your consumers enough extra for "green energy", you can do lots of things.

View attachment 70114

Ours are going down as well. So what?

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets.

Sure, add enough green energy, you reduce demand for reliable fossil fuel energy.
Eliminate enough of the reliable energy, you'll destabilize the grid. Then they'll have to run money losing coal plants to backup the unreliable "green energy".
It'll be educational to watch how this all plays out.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all. The intent of the subsidy was to encourage investment in a risky venture.
It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home. Well, minus the 70% of course.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all.

Link?

The intent of the subsidy was to encourage investment in a risky venture.

It's true, not every drilled well is successful or profitable.

It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home.

What's the risk with the home installation? Leaky roof?

Link?

Oil: A Big Investment With Big Tax Breaks | Investopedia

• Intangible Drilling Costs: These include everything but the actual drilling equipment. Labor, chemicals, mud, grease and other miscellaneous items necessary for drilling are considered intangible. These expenses generally constitute 65-80% of the total cost of drilling a well and are 100% deductible in the year incurred. For example, if it costs $300,000 to drill a well, and if it was determined that 75% of that cost would be considered intangible, the investor would receive a current deduction of $225,000. Furthermore, it doesn't matter whether the well actually produces or even strikes oil. As long as it starts to operate by March 31 of the following year, the deductions will be allowed.

What's the risk with the home installation? Leaky roof?

My point is that the subsidies for both fossil fuels and green energy were extended by the government to encourage a preferred economic activity which ultimately leads to a development of processes.

Thanks for the link.

These expenses generally constitute 65-80% of the total cost of drilling a well and are 100% deductible in the year incurred. For example, if it costs $300,000 to drill a well, and if it was determined that 75% of that cost would be considered intangible, the investor would receive a current deduction of $225,000

That's what I was afraid of.... allowing an expense to be written off, firstly, is not a subsidy.

Next, the write off benefit is the current tax rate.
For example, at the current 35% corporate tax rate, writing off $300,000 in expenses would save the company $105,000, not $300,000, so your 100% figure was also wrong.

My point is that the subsidies for both fossil fuels and green energy were extended by the government to encourage a preferred economic activity

Business taxes are based on profit. Profit can't be calculated without subtracting expenses.....first.
Giving you 30% based on a solar installation is in no way similar to a business expense.
It does encourage a preferred, but otherwise uneconomic activity.

 

[JimH52]

Well, by the time the oceans rise to begin reclaiming cities in the northeast, the Republican Party will have long been extinct. No great loss.

 

[Toddsterpatriot]

Well, by the time the oceans rise to begin reclaiming cities in the northeast, the Republican Party will have long been extinct. No great loss.

The libs won't drown, they'll be holding onto the rusted windmills they insisted we spend trillions for.

 

[Boston1]

Drowning isn't the problem, lack of oxygen is. If you understood the aerobic stratification process which has occurred with each of the previous major disturbances in the atmospheric chemistry, you wouldn't be so quick to dismiss the consequences of our actions today

 

[JimH52]

Well, by the time the oceans rise to begin reclaiming cities in the northeast, the Republican Party will have long been extinct. No great loss.

The libs won't drown, they'll be holding onto the rusted windmills they insisted we spend trillions for.

The rust is in your skull....

 

[Toddsterpatriot]

Drowning isn't the problem, lack of oxygen is. If you understood the aerobic stratification process which has occurred with each of the previous major disturbances in the atmospheric chemistry, you wouldn't be so quick to dismiss the consequences of our actions today

More windmills, to prevent stratification!!!

 

[Tehon]

Not sure on what planet they are handing out 10K checks but on this planet it doesn't happen that way.

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

On the federal level

see
Here's how to claim the Federal 30% tax credit for installing solar - Solar Power Rocks

On the state level

See
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0ahUKEwinteeh4_PLAhWCnYMKHVZIB5YQFggnMAI&url=http://www.wholesalesolar.com/solar-information/state-solar-incentives&usg=AFQjCNEZP04gRocknRp1Ag3wcAdTRscgiw&sig2=O2AaOF2MIggX_hEoqw8O7g&bvm=bv.118443451,d.amc

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

As for profitability

See
Its the Profitability Stupid.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjehJiB5PPLAhWHloMKHSCZDnMQFggcMAA&url=http://www.renewableenergyworld.com/articles/2015/09/wall-street-s-loud-and-clear-message-to-us-solar-companies-it-s-the-profitability-stupid.html&usg=AFQjCNF1eKm9eSZaCJf-eDUuX7GDk4GEpA&sig2=qaM8dCB5NiM-AKEr0HZvJg&bvm=bv.118443451,d.amc

Green energy, the fastest growing portion of the energy sector

http://www.investmentu.com/images/IEO2011Gen.jpg

Again fossil fuel prices are highly volatile, hardly reliable and tend to send the economy into periods of uncertainty. Renewable energy is far more reliable and much less subject to foreign interventions that effect our economy here at home.

If Germany can do it, Chicago can do it and save themselves a fortune in the process.

and again Germany's emissions are going down.

Lets look a some more data

Included three more of the most recent years. Looks like Germany's CO2 production went up slightly due to a few coal powered power plants coming on line however the German government is on to the problem and is ending coal use entirely

See

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0ahUKEwi75-W-5vPLAhWHs4MKHReEBnYQFggiMAE&url=https://www.e3g.org/library/snapshot-of-germany-coal-phase-out-progress&usg=AFQjCNEmoyTrBXMwIOKOCN-TwJk3qOcOhA&sig2=3rkXTKzzVWqmv5KN7S7c5A&bvm=bv.118443451,d.amc

Quote

In many respects, Germany’s performance has gone backwards during 2015, despite Chancellor Merkel having secured the G7 agreement at the June summit. Germany is currently feeling the financial impacts of not having turned off the tap of new coal plants swiftly enough and the political impacts of a failure to shift the dominant utilities away from a dependence on high carbon assets.

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets. The German government has not yet moved formally to rule out new coal plants but could easily do so.

End Quote

So yeah. Sorry but what was your point again ?

Its works exactly like the oil and gas subsidy except its the individual that gets to write 30% of the cost off on their federal taxes.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that. Durr.

The two subsidies are identical except one goes to the taxpayer and the other to some scumbag billionaire exec.

No, your handout is not like a real business expense incurred while providing useful energy.

Personally I'd love you to show me where I missed this 10K check thing because I want one. ;--)

I'm sorry if I miscalculated the amount of your handout.

Its the Profitability Stupid.

The sad story of how the biggest solar company in the world fell to its knees

SunEdison, the biggest solar-energy manufacturing firm in the entire world, is nearing bankruptcy.

Its decline has been swift and brutal, taking some of the most legendary names in finance with it.

The stock that was once a hedge fund darling has turned into Wall Street's nightmare.

A company that was once worth more than $10 billion is now valued at $150 million, with close to $8 billion in long-term debt.

The sad story of how the biggest solar company in the world fell to its knees

Durr.

Green energy, the fastest growing portion of the energy sector

Yes, billions in wasteful subsidies can cause plenty of misallocation of resources.

and again Germany's emissions are going down.

Waste enough money, charge your consumers enough extra for "green energy", you can do lots of things.

View attachment 70114

Ours are going down as well. So what?

There is no market appetite for new coal power stations in Germany. A set of ‘new’ power plants are finally entering operations after investment decisions were taken in 2007-09 but these have resulted in massive financial losses for utilities and are already at risk of becoming stranded assets.

Sure, add enough green energy, you reduce demand for reliable fossil fuel energy.
Eliminate enough of the reliable energy, you'll destabilize the grid. Then they'll have to run money losing coal plants to backup the unreliable "green energy".
It'll be educational to watch how this all plays out.

That's awesome! You get to write off 30% for an uneconomic installation, versus a legitimate business expense for an oil or gas company.
Yeah, your subsidy is just like that.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all. The intent of the subsidy was to encourage investment in a risky venture.
It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home. Well, minus the 70% of course.

The government subsidizes the cost of clearing the land and installing the infrastructure on the site to be drilled at 100%, labor and all.

Link?

The intent of the subsidy was to encourage investment in a risky venture.

It's true, not every drilled well is successful or profitable.

It is exactly like the government subsidizing a homeowner at 30% of the cost for installing green energy on their home.

What's the risk with the home installation? Leaky roof?

Link?

Oil: A Big Investment With Big Tax Breaks | Investopedia

• Intangible Drilling Costs: These include everything but the actual drilling equipment. Labor, chemicals, mud, grease and other miscellaneous items necessary for drilling are considered intangible. These expenses generally constitute 65-80% of the total cost of drilling a well and are 100% deductible in the year incurred. For example, if it costs $300,000 to drill a well, and if it was determined that 75% of that cost would be considered intangible, the investor would receive a current deduction of $225,000. Furthermore, it doesn't matter whether the well actually produces or even strikes oil. As long as it starts to operate by March 31 of the following year, the deductions will be allowed.

What's the risk with the home installation? Leaky roof?

My point is that the subsidies for both fossil fuels and green energy were extended by the government to encourage a preferred economic activity which ultimately leads to a development of processes.

Thanks for the link.

These expenses generally constitute 65-80% of the total cost of drilling a well and are 100% deductible in the year incurred. For example, if it costs $300,000 to drill a well, and if it was determined that 75% of that cost would be considered intangible, the investor would receive a current deduction of $225,000

That's what I was afraid of.... allowing an expense to be written off, firstly, is not a subsidy.

Next, the write off benefit is the current tax rate.
For example, at the current 35% corporate tax rate, writing off $300,000 in expenses would save the company $105,000, not $300,000, so your 100% figure was also wrong.

My point is that the subsidies for both fossil fuels and green energy were extended by the government to encourage a preferred economic activity

Business taxes are based on profit. Profit can't be calculated without subtracting expenses.....first.
Giving you 30% based on a solar installation is in no way similar to a business expense.
It does encourage a preferred, but otherwise uneconomic activity.

Ok, I get it. Companies are given the option on how they report their operating expenses. Expenses associated with successful wells are often capitalized while expenses associated with dry holes are expensed, the latter option provided for by the Intangible Drilling Cost tax provision. The IDC tax provision was written into the tax code in 1918 as a way to encourage investment in oil exploration. I'm not gonna get hung up on the word subsidy here.

The green energy subsidy was intended to do the same thing for renewables as the IDC tax provision did for fossil fuel and I have no problem with that, I think it is a perfectly acceptable role for government to play. Encouraging people to purchase products that produce green energy is an economic activity that furthers the development of renewable sources of energy.