I just look at how Musk lied to the country about his hyperloop idea and Boring company to disrupt high speed rail’s new found interest a few years ago. He made a calculation and determined that it would cost XYZ to fake hyperloop investment on his part, but he and the fossil fuel industry would make significantly more on prolonged car dependence.
Edit: and on top of that, he absolutely got kick backs from the fossil fuel industry for doing it; derailing our high speed rail momentum.
That can delay things, but ultimately it will be the US against the rest of the world and no amount of subsidies will be able to offset that. We’re already seeing the early stages of that with China having invested heavily in solar. Cheap Chinese made solar panels are starting to drive the cost of solar installs down and China is still ramping up. Between the public backlash against fossil fuels on one side, and increasing economic pressure on the other eventually they’ll cave and phase the subsidies out.
That can delay things, but ultimately it will be the US against the rest of the world and no amount of subsidies will be able to offset that.
Coal and nuke power company provider First Energy straight up bribed the Ohio Speaker of the house with $61 million to get legislation passed to force residential electricity customers to pay extra fees to subsidize unprofitable coal and nuclear power in the state. The former Speaker is in prison now. The extra fees are still being paid by customers even today. source
In Ohio this costs an average residential electricity customer $95/year they have to pay extra on top of their electrical bill.
Nuclear should be ran until EOL, then ideally built back up again
Arguably it has in Ohio. In 2002 a football sized hole was discovered in the top of pressure vessel eaten away by the caustic cooling water:
They bought a replacement from a mothballed nuke plant.
The plant was supposed to be EOL in 2017, but was extended to 2037.
At the same time Republican lawmakers in Ohio gave oil and gas companies full control over where wells are place, but put rules in allowing the blocking of solar and wind installations. source
Except for government subsidies for fossil fuels, lobbied for by the fossil fuel industry.
CLEAN COAL BABY, IT’S ALL ABOUT LYING TO THE PUBLIC AND JUST PRODUCING DIRTY POWER INSTEAD, GET FUCKED STUPID VOTERS.
Is how i like to imagine most of the fossil fuel industry sounds.
I just look at how Musk lied to the country about his hyperloop idea and Boring company to disrupt high speed rail’s new found interest a few years ago. He made a calculation and determined that it would cost XYZ to fake hyperloop investment on his part, but he and the fossil fuel industry would make significantly more on prolonged car dependence.
Edit: and on top of that, he absolutely got kick backs from the fossil fuel industry for doing it; derailing our high speed rail momentum.
That can delay things, but ultimately it will be the US against the rest of the world and no amount of subsidies will be able to offset that. We’re already seeing the early stages of that with China having invested heavily in solar. Cheap Chinese made solar panels are starting to drive the cost of solar installs down and China is still ramping up. Between the public backlash against fossil fuels on one side, and increasing economic pressure on the other eventually they’ll cave and phase the subsidies out.
Coal and nuke power company provider First Energy straight up bribed the Ohio Speaker of the house with $61 million to get legislation passed to force residential electricity customers to pay extra fees to subsidize unprofitable coal and nuclear power in the state. The former Speaker is in prison now. The extra fees are still being paid by customers even today. source
i’d be ok with paying those costs for nuclear. Not for coal.
Nuclear should be ran until EOL, then ideally built back up again (but that’s not happening unfortunately)
In Ohio this costs an average residential electricity customer $95/year they have to pay extra on top of their electrical bill.
Arguably it has in Ohio. In 2002 a football sized hole was discovered in the top of pressure vessel eaten away by the caustic cooling water:
They bought a replacement from a mothballed nuke plant.
The plant was supposed to be EOL in 2017, but was extended to 2037.
At the same time Republican lawmakers in Ohio gave oil and gas companies full control over where wells are place, but put rules in allowing the blocking of solar and wind installations. source