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originally posted by: Krazysh0t
a reply to: shooterbrody
Take it up with Paul Bledsoe. He said that. Not me.
The Federal Energy Regulatory Commission on Monday unanimously rejected a proposal by Energy Secretary Rick Perry that would have propped up nuclear and coal power plants struggling in competitive electricity markets.
Although wind received more total subsidies, wind received much less subsidies per kWh produced than solar as it produced much more energy. However, it is nonetheless significant for 2010 and 2013 and about 50 times that of nuclear and fossil fuels, allowing wholesale prices for wind and solar to become negative, unfairly undercutting nuclear, hydro and coal prices.
originally posted by: Krazysh0t
Goes to show, rhetoric and words mean nothing in the face of reality and reality has been saying since before Trump even decided to run for President that the coal industry is on its way out. We need to embrace that demise and help those workers transition to new careers, not prop up a dying industry thereby creating a money sink that only goes to enrich special interests while jacking prices up.
originally posted by: Gothmog
Where do you think a lot of those billions went
Right back into Obama's back pocket...passed along "under the table"
As I said your op is a lie.
originally posted by: luthier
a reply to: shooterbrody
When has the energy sector ever been about competing?
It's market is based on nation defense.
New technology is going to be subsidized. Particularly defense based technology. Look at the history of intel and chips.
The first 15 years, the report says, are critical to developing new technologies.
originally posted by: shooterbrody
a reply to: Krazysh0t
Hiding behind a supposed "competitive market" when that market has been and continues to be rigged in favor of one source due to govt subsidies does make your op a lie.
Trump-appointed regulators reject plan to rescue coal and nuclear plants