Solar levelized cost of electricity is 29% lower than any fossil fuel alternative

[JimP]

From the article:

The industry also benefits from generous subsidies.

KEY TAKEAWAY​

• Oil companies pay a lot less in taxes compared to most other companies.
• The ability to defer taxes is an important tax advantage for oil companies.
• The 2017 Tax Cuts and Jobs Act helped oil companies further by reducing the effective tax rate for companies to 21% from 35%.
• Oil companies also receive subsidies that are aimed at helping the industry because oil is considered a vital commodity.

Yes, with no facts or even specific claims to support that point. That is supposed to impress me? Think!

Is filling the SPR considered a subsidy? Probably. Building roads is considered an oil industry subsidy by many. If, for example, the gov finances or even outright pays for port facilities to export grain is that just as evil as port facilities to export nat gas?

More empty hot air.

 

[fromport]

Environmentalists investing in Big Oil? Inside the surprising stock portfolios of California lawmakers

A third of California state lawmakers play the stock market — and their investments don't always align with their political values.

www.latimes.com

Welcome to the twilight zone...

 

[svetz]

... the IMF estimates it [fossil fuel subsidies] at a $5.4 trillion annual subsidy worldwide. In the United States, it’s $646 billion – every single year.

Thanks! That number seems much more in line and it's even recent data!

 

[Checkthisout]

Thanks! That number seems much more in line and it's even recent data!

What industries are subsidizing fossil fuels?

You guys are totally ridiculous.