Story Comments
Posted by: Beau7890 1 year, 4 months ago
This page is a permanent archive of the comment below and its replies.
To view this comment in the context of the full discussion for the story, use this link.
-
88%
Beau78901 year, 4 months ago
This comment is below the standard viewing threshold View It »
If there is an impact to be felt by a quick and simple action, it'll be from extending credits (and would be improved by increasing those credits to provide incentives so companies would invest more in solar and wind power). Drilling, as I'm sure you've read by now, will not increase supply for at least 9 years, according to the Department of Energy.
Reply
Of course, the fastest impact on oil and gas prices would be to tap into our strategic reserves . What are they there for, if not to offset disruptions in the supply of oil like those we're experiencing now?
I understand that you don't like having to support new businesses, and I can see why it's not good policy for the government to do that, in general. However, when supporting those new interests can help further our national agenda (in this case, help reduce our dependence on foreign oil), it makes perfect sense. There are already many tax credits and deductions available to individuals and businesses--most of these exist in order to promote what the government feels is in the country's best interest.-
100%
flyonthewallzz1 year, 4 months ago
This comment is below the standard viewing threshold View It »
My brother spent $25 grand on his solar system.
Reply
He is off the grid completely.
This created surprise problems with the bank that was financing his home.
When they found out they pulled the funding.
The footing had been poured.
The trucks with the prefab units where at the bottom of the road.
It cost him $10 grand to send them back.
The deal is now: you can pay $2 grand less in taxes if you install a photovoltaic solar system and another $2 grand for hot water. The window can slam shut at any moment.
That $2 grand could reduce the pay back time by about a year and a half if you figure about $112 per month electric bill.
It would still take another 17 years to pay off the investment at that rate.
In my brothers case it would have cost him more to have pole put in.
He is up in the mountains.
I guess that if he paid it off as part of a 15 year mortgage the payments would jump by about $200 per month or $88 if you figure in no electric bill.
Renewable has to part of the equation, even if we drill everywhere, the refineries would not be able to keep up.
Chances are likely that the cost of solar equipment will go down (especially if it gets a kick in the A$$) and the price of energy will go up.
We do burn a good bit of oil to make electricity.
I slammed a fat stick through my brother's table saw and it ate it, no problem.
Individuals are pretty limited in how they can write off stuff like depletion and depreciation. And it may be scary to decentralize the energy sector in terms of established job loss. But a new industry would open, and a lot of the folks in the housing industry would be back to work.
Taxpayers have paid a fair amount of money to build an energy infrastructure.
If the goal is self reliance, I think it is valid to give the homeowners a little better tweek. -
-
-
Neutral
Lurch1 year, 3 months ago
This comment is below the standard viewing threshold View It »
more every year during Republican admins than the solar and wind power industries have received in total throughout history.
Reply
Wind and solar will do exponentially more to make America energy independent than all the offshore drilling Exxon John could ever imagine.
-
-
loading ...
Dobes_Rule
cushi
Charlson
greenmac
miklkit
Shadowolf
ind06
fsev41
juvel
Goppy
flyonthewallzz
GWHayduke
bluetexasvalley
TLovesTeddy
rushran
Wolfie2007
Post Reply
You are not signed in to Propeller.com. Please sign in to post a reply.