Nevada is essentially investing in technology by forgoing future tax revenues. They are just doing it smarter than the Feds and there's more accountability at the state level too.
The Feds are better off funding / partnering with research at universities rather than directly funding a for-profit business and in fact, people at Universities in California started it. OTOH, Obama had to pay back his cronies and at least now, Solyndra is a byword for crony capitalism and maybe even political corruption.
Of course the Federal Government still funds tech via the massive military budget and top secret programs. DARPA has a budget of $3 billion alone.
IIRC, Solyndra was financed with over a half billion by the Federal Government so there was less accountability while it appears as though Nevada is not directly injecting cash into Telsa. I tend to believe foregone future tax revenues are often fluffed up to make companies feel better, kind of like Boeing's list prices. One must also consider the time value of money as it obviously hurt more that the Federales gave Solyndra over a half bill up-front while these tax concessions are probably streamed over 10, 20, or even more years. Nevada's tax concessions are also less risky than what the Feds did because Tesla is a leader in its field, has been a going concern for 15, and is selling roughly 20,000+ cars a year. WTF had Solyndra done to merit all that money other than mutual backscratching between idiots and Obama? How about A123 Battery?
Expanding on that a key variable is that Musk is a BILLIONAIRE while Solyndra's backers were cronies of the Obama admin (they were fundraisers for his 2008 run & Obama paid them back 2 years later) so their ROL (Return on Lobbying) was fantastically high. Has Elon Musk raised money for Nevada State Senators, House Reps, or for the Governor?
As for what Musk / Tesla is doing, I think it's brilliant and wished I had the foresight and money to do it. Can one imagine how impressed the Ancient Romans would've been with creating electricity from the sun and then being able to store it at one's residence for future use? This is really big stuff and could displace more oil use so that we can export more, burn less of it ourselves, and perhaps even lead to lower electricity prices (not in Seattle because SeattleCityLightFS and bloated).
But but but, because of Solyndra, the government should never invest in technology again.
Nevada is essentially investing in technology by forgoing future tax revenues. They are just doing it smarter than the Feds and there's more accountability at the state level too.
The Feds are better off funding / partnering with research at universities rather than directly funding a for-profit business and in fact, people at Universities in California started it. OTOH, Obama had to pay back his cronies and at least now, Solyndra is a byword for crony capitalism and maybe even political corruption.
Of course the Federal Government still funds tech via the massive military budget and top secret programs. DARPA has a budget of $3 billion alone.
IIRC, Solyndra was financed with over a half billion by the Federal Government so there was less accountability while it appears as though Nevada is not directly injecting cash into Telsa. I tend to believe foregone future tax revenues are often fluffed up to make companies feel better, kind of like Boeing's list prices. One must also consider the time value of money as it obviously hurt more that the Federales gave Solyndra over a half bill up-front while these tax concessions are probably streamed over 10, 20, or even more years. Nevada's tax concessions are also less risky than what the Feds did because Tesla is a leader in its field, has been a going concern for 15, and is selling roughly 20,000+ cars a year. WTF had Solyndra done to merit all that money other than mutual backscratching between idiots and Obama? How about A123 Battery?
Expanding on that a key variable is that Musk is a BILLIONAIRE while Solyndra's backers were cronies of the Obama admin (they were fundraisers for his 2008 run & Obama paid them back 2 years later) so their ROL (Return on Lobbying) was fantastically high. Has Elon Musk raised money for Nevada State Senators, House Reps, or for the Governor?
As for what Musk / Tesla is doing, I think it's brilliant and wished I had the foresight and money to do it. Can one imagine how impressed the Ancient Romans would've been with creating electricity from the sun and then being able to store it at one's residence for future use? This is really big stuff and could displace more oil use so that we can export more, burn less of it ourselves, and perhaps even lead to lower electricity prices (not in Seattle because SeattleCityLightFS and bloated).
But but but, because of Solyndra, the government should never invest in technology again.
For every $500 million wasted on Solyndra and similar, we can discuss how many billions wasted on Halliburton and similar.
IIRC, Solyndra was financed with over a half billion by the Federal Government so there was less accountability while it appears as though Nevada is not directly injecting cash into Telsa. I tend to believe foregone future tax revenues are often fluffed up to make companies feel better, kind of like Boeing's list prices. One must also consider the time value of money as it obviously hurt more that the Federales gave Solyndra over a half bill up-front while these tax concessions are probably streamed over 10, 20, or even more years. Nevada's tax concessions are also less risky than what the Feds did because Tesla is a leader in its field, has been a going concern for 15, and is selling roughly 20,000+ cars a year. WTF had Solyndra done to merit all that money other than mutual backscratching between idiots and Obama? How about A123 Battery?
Expanding on that a key variable is that Musk is a BILLIONAIRE while Solyndra's backers were cronies of the Obama admin (they were fundraisers for his 2008 run & Obama paid them back 2 years later) so their ROL (Return on Lobbying) was fantastically high. Has Elon Musk raised money for Nevada State Senators, House Reps, or for the Governor?
As for what Musk / Tesla is doing, I think it's brilliant and wished I had the foresight and money to do it. Can one imagine how impressed the Ancient Romans would've been with creating electricity from the sun and then being able to store it at one's residence for future use? This is really big stuff and could displace more oil use so that we can export more, burn less of it ourselves, and perhaps even lead to lower electricity prices (not in Seattle because SeattleCityLightFS and bloated).
But but but, because of Solyndra, the government should never invest in technology again.
IIRC, Solyndra was financed with over a half billion by the Federal Government so there was less accountability while it appears as though Nevada is not directly injecting cash into Telsa. I tend to believe foregone future tax revenues are often fluffed up to make companies feel better, kind of like Boeing's list prices. One must also consider the time value of money as it obviously hurt more that the Federales gave Solyndra over a half bill up-front while these tax concessions are probably streamed over 10, 20, or even more years. Nevada's tax concessions are also less risky than what the Feds did because Tesla is a leader in its field, has been a going concern for 15, and is selling roughly 20,000+ cars a year. WTF had Solyndra done to merit all that money other than mutual backscratching between idiots and Obama? How about A123 Battery?
Expanding on that a key variable is that Musk is a BILLIONAIRE while Solyndra's backers were cronies of the Obama admin (they were fundraisers for his 2008 run & Obama paid them back 2 years later) so their ROL (Return on Lobbying) was fantastically high. Has Elon Musk raised money for Nevada State Senators, House Reps, or for the Governor?
As for what Musk / Tesla is doing, I think it's brilliant and wished I had the foresight and money to do it. Can one imagine how impressed the Ancient Romans would've been with creating electricity from the sun and then being able to store it at one's residence for future use? This is really big stuff and could displace more oil use so that we can export more, burn less of it ourselves, and perhaps even lead to lower electricity prices (not in Seattle because SeattleCityLightFS and bloated).
But but but, because of Solyndra, the government should never invest in technology again.
Is he starting to get it?
Exactly. Giving tax cuts to the wealthy and money to oil companies is a much better use of our funds.
You need to learn to stick on the subject. Bringing up Halliburton is silly because they were tied to the previous administration and they actually provided logistics and services to American Troops in Iraq rather than the Feds directly investing in them.
But since you went off on a tangent, who is giving money to oil companies? Oil companies, like any other company, are legally allowed to depreciate their equipment and buildings. IIRC, Obama's "Stimulus" package permitted accelerated depreciation so if you have a problem with that, you need to call him about it.
IIRC, Solyndra was financed with over a half billion by the Federal Government so there was less accountability while it appears as though Nevada is not directly injecting cash into Telsa. I tend to believe foregone future tax revenues are often fluffed up to make companies feel better, kind of like Boeing's list prices. One must also consider the time value of money as it obviously hurt more that the Federales gave Solyndra over a half bill up-front while these tax concessions are probably streamed over 10, 20, or even more years. Nevada's tax concessions are also less risky than what the Feds did because Tesla is a leader in its field, has been a going concern for 15, and is selling roughly 20,000+ cars a year. WTF had Solyndra done to merit all that money other than mutual backscratching between idiots and Obama? How about A123 Battery?
Expanding on that a key variable is that Musk is a BILLIONAIRE while Solyndra's backers were cronies of the Obama admin (they were fundraisers for his 2008 run & Obama paid them back 2 years later) so their ROL (Return on Lobbying) was fantastically high. Has Elon Musk raised money for Nevada State Senators, House Reps, or for the Governor?
As for what Musk / Tesla is doing, I think it's brilliant and wished I had the foresight and money to do it. Can one imagine how impressed the Ancient Romans would've been with creating electricity from the sun and then being able to store it at one's residence for future use? This is really big stuff and could displace more oil use so that we can export more, burn less of it ourselves, and perhaps even lead to lower electricity prices (not in Seattle because SeattleCityLightFS and bloated).
But but but, because of Solyndra, the government should never invest in technology again.
Is he starting to get it?
Exactly. Giving tax cuts to the wealthy and money to oil companies is a much better use of our funds.
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Batteries and solar are inefficient, so let's just give up and burn oil. Got it.
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Batteries and solar are inefficient, so let's just give up and burn oil. Got it.
You've got it. You're FREE to do any fucking thing you want to do. Just leave me out of it, you leftist fuck.
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Batteries and solar are inefficient, so let's just give up and burn oil. Got it.
You've got it. You're FREE to do any fucking thing you want to do. Just leave me out of it, you leftist fuck.
Who asked you do build a solar panel on your house or drive a Prius?
No one. Exactly.
And don't say shit about Solyndra, we know you don't make enough money to pay taxes.
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Batteries and solar are inefficient, so let's just give up and burn oil. Got it.
You've got it. You're FREE to do any fucking thing you want to do. Just leave me out of it, you leftist fuck.
Who asked you do build a[to pay for my] solar panel on your[my] house or drive a[pay for everybody's] Prius?
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Batteries and solar are inefficient, so let's just give up and burn oil. Got it.
You've got it. You're FREE to do any fucking thing you want to do. Just leave me out of it, you leftist fuck.
Who asked you do build a[to pay for my] solar panel on your[my] house or drive a[pay for everybody's] Prius?
fixed.
You did.
Way too easy.
When you make enough money to pay taxes, then you can bitch.
Elon Musk is brilliant for selling a $50K car to folks for $120K, cutting out the dealership overhead from the equation, and using/expanding govt regulations to force companies like GM to pay him $$$ to sell their own cars (fuel efficiency credits). That's his current business model.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
Batteries and solar are inefficient, so let's just give up and burn oil. Got it.
Yeah, investing billions in technologies we know can't ever become viable in their current form and subsidizing wealthy feel-good initiatives is a much better option.
Look...if you want to argue funding basic science to try and find new and improved technologies that meet economic/thermodynamic thresholds is something we should do that's great...funding and subsidizing the commercialization of technology that isn't there yet and in many cases can't ever get there is just FS, especially when it's focus is towards the wealthy.
Comments
The Feds are better off funding / partnering with research at universities rather than directly funding a for-profit business and in fact, people at Universities in California started it. OTOH, Obama had to pay back his cronies and at least now, Solyndra is a byword for crony capitalism and maybe even political corruption.
Of course the Federal Government still funds tech via the massive military budget and top secret programs. DARPA has a budget of $3 billion alone.
HTH
Your boyfriend cheated on you again
Besides you totally don't get my point. But that's OK, race you don't get anything.
But since you went off on a tangent, who is giving money to oil companies? Oil companies, like any other company, are legally allowed to depreciate their equipment and buildings. IIRC, Obama's "Stimulus" package permitted accelerated depreciation so if you have a problem with that, you need to call him about it.
That said, the battery future with current technology is still just plain dumb. Electrical transmission efficiency is still 35% or so, and you add battery efficiency to that and you have an extremely inefficient use of carbon fuel. And solar cells are still not economically viable...hence the large subsidies. And having the govt subsidize upper middle class people to attach electrically inefficient batteries to their house to make them feel better about their carbon footprint is extremely stupid and should anger everyone.
No one. Exactly.
And don't say shit about Solyndra, we know you don't make enough money to pay taxes.
You did.
Way too easy.
Look...if you want to argue funding basic science to try and find new and improved technologies that meet economic/thermodynamic thresholds is something we should do that's great...funding and subsidizing the commercialization of technology that isn't there yet and in many cases can't ever get there is just FS, especially when it's focus is towards the wealthy.