Friendly policies keep US oil and coal afloat far more than we thought
The coal industry and its allies in the Trump administration have devoted considerable energy to arguing that subsidies to renewable energy have distorted energy markets and helped drive coal out of business. “Certain regulations and subsidies,” Energy Secretary Rick Perry has said, “are having a large impact on the functioning of markets, and thereby challenging our power generation mix.” You can guess which regulations and subsidies he’s talking about.
This is nothing new, of course. It is in keeping with a long conservative tradition of challenging the economic wisdom and effectiveness of energy subsidies.
At least, uh, some energy subsidies.
Energy analysts have made the point again and again that fossil fuels, not renewable energy, most benefit from supportive public policy. Yet this fact, so inconvenient to the conservative worldview, never seems to sink in to the energy debate in a serious way. The supports offered to fossil fuels are so old and familiar, they fade into the background. It is support offered to challengers — typically temporary, fragmentary, and politically uncertain support — that is forever in the spotlight.
https://www.vox.com/energy-and-environment/2017/10/6/16428458/us-energy-coal-oil-subsidies#targetText=Adding everything up: $14.7 billion,Extraction gets the most.
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For one thing, it leaves out the annual $14.5 billion in consumption subsidies — things like the Low Income Home Energy Assistance Program (LIHEAP), which helps lower-income residents pay their (fuel oil) heating bills. (There are better ways to help poor people, but let’s leave that aside for now.)
It also leaves out subsidies for overseas fossil fuel projects ($2.1 billion a year).
Most significantly, OCI’s analysis leaves out indirect subsidies — things like the money the US military spends to protect oil shipping routes, or the unpaid costs of health and climate impacts from burning fossil fuels. These indirect subsidies reach to the hundreds of billions, dwarfing direct subsidies — the IMF says that, globally speaking, they amount to $5.3 trillion a year. But they are controversial and very difficult to measure precisely.
Garbage in, garbage out. -
Did they mention the cost of cleaning up boo boos and the economic casualties of said oopsies?SFGbob said:For one thing, it leaves out the annual $14.5 billion in consumption subsidies — things like the Low Income Home Energy Assistance Program (LIHEAP), which helps lower-income residents pay their (fuel oil) heating bills. (There are better ways to help poor people, but let’s leave that aside for now.)
It also leaves out subsidies for overseas fossil fuel projects ($2.1 billion a year).
Most significantly, OCI’s analysis leaves out indirect subsidies — things like the money the US military spends to protect oil shipping routes, or the unpaid costs of health and climate impacts from burning fossil fuels. These indirect subsidies reach to the hundreds of billions, dwarfing direct subsidies — the IMF says that, globally speaking, they amount to $5.3 trillion a year. But they are controversial and very difficult to measure precisely.
Garbage in, garbage out. -
Perhaps it "never seems to sink in" because it's bullshit.
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We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
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For one thing, it leaves out the annual $14.5 billion in consumption subsidies — things like the Low Income Home Energy Assistance Program (LIHEAP), which helps lower-income residents pay their (fuel oil) heating bills. (There are better ways to help poor people, but let’s leave that aside for now.)
Imagine if Trump cut this program -
I'm completely behind a FREE MARKET for heating oil. Is @Gwad ?RaceBannon said:For one thing, it leaves out the annual $14.5 billion in consumption subsidies — things like the Low Income Home Energy Assistance Program (LIHEAP), which helps lower-income residents pay their (fuel oil) heating bills. (There are better ways to help poor people, but let’s leave that aside for now.)
Imagine if Trump cut this program -
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
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Next time try not to get your information from Vox. Seriously. They are a joke.
Last in first out accounting is now an “oil and gas subsidy”? MLP structures (which are designed to distribute all earning as dividends that get taxed and basically the same as REIT real estate structures) are now an “oil and gas subsidy”? R&D credits and Domestic Manufacturing (which all domestic businesses get) are now an oil and gas subsidy?
Fucking eh...HondoFS poast this? -
Sell your car and freeze to death bitchGwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
Commit to the fucking cause -
Despite whatever spin from Vox and others might give the air quality in the US is the best it has been in a long, long time. Furthermore, burning natural gas (and even coal with modern technology) does not create any “gross ass black shit floating around in the air”.Gwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
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Imagine if single celled organisms wanted to keep things the way they were. Oh you only can imagine because they didn't.RaceBannon said:
Sell your car and freeze to death bitchGwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
Commit to the fucking cause -
Ok go suck on a tail pipe please.HoustonHusky said:
Despite whatever spin from Vox and others might give the air quality in the US is the best it has been in a long, long time. Furthermore, burning natural gas (and even coal with modern technology) does not create any “gross ass black shit floating around in the air”.Gwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
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Yeah I see that all the time. NOT!Gwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
We are not the problem! Call China, India, Russia etc. Whine at them it'll have far more impact than trying to take everyone's straws. -
Imagine if you could defend your idiotic posts without more mindless drivelGwad said:
Imagine if single celled organisms wanted to keep things the way they were. Oh you only can imagine because they didn't.RaceBannon said:
Sell your car and freeze to death bitchGwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
Commit to the fucking cause
They had nothing to do with it. Just like us
But you want to fuck poor people based on your irrational fear
Fuck off -
Where do you live that there is black shit floating in the air? You should move.Gwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
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PasadenaMikeDamone said:
Where do you live that there is black shit floating in the air? You should move.Gwad said:
Yes not wanting gross ass black shit floating around in the air I breathe automatically makes me a dooms day prepper. Good jump in logic their Mr. Vulcan.RaceBannon said:We can help poor people more by letting them freeze to death as we artificially raise heating oil prices because we are scared little faggots that think the world is ending
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I think the poor need to shop at Costco, boycott walmart, drive Tesla’s, and insist on no straws with their Starbucks. Like the rest of the normal people who care about the environment and the poor.
