For people who want news coverage of this, the are articles from the Associated Press and Reuters
We probably won’t see a dime here in Texas since our dumbass politicians think it’s best to separate ourselves from the grid. In hopes that Texas might sucede or some stupid shit.
More wind and solar is always awesome! I would say I hope this involves more nuclear power as well, but that just takes so long to get up and running. I still think it’s a good investment, but setting up clean energy that gives more immediate returns is also extremely helpful and could even make building nuclear in the future even easier.
Part of the reason nuclear takes forever is because the contractors don’t have experience with building them. Bit of a catch 22
Too many undefined asterisks. Everytime they say clean energy im skeptical, like its intentionally distinct from renewable energy. Like natural gas projects with carbon offset schemes, or some bullshit like clean coal again.
Yeah, it would be better to do nothing! /s
As opposed to more fossil fuel projects, yeah.
Looking a bit more into the specific projects though, it looks like there’s no energy generating projects at all here, its all distribution infrastructure, with sprinklings of renewable energy wording because they use powerlines too.
Your desperation to be displeased, while oh so edgy and endearing to the ladies, isn’t helpful.
We are talking about the bill that issued millions of acres in new oil and gas leasing. Im fully expecting emissions to continue increasing
No, the bill did not do that. Oil leases do not require Congress pass a bill and are completely unrelated.
And thus proving my statement. Prompted does not mean legislated. Yes, to appease Manchin they had to line his pockets. It is sad but once more you prove that your assumptions are invalid.
Carbon “sequestration”
Clean usually means nuclear is included
Rookie numbers
It’s part of the Inflation Reduction Act, so it’s far from the only thing happening. My expectation is that consistent with the history of US electric supply, private capital will supply the bulk of what’s needed here.
For sure. This is basically the incentives and kick starting. Sustainable energy and utility production are already massively profitable. This is just a basic usage of the tax system to prioritize and incentivize specific actions for the systems/places that likely need it most.
A ton of private capital will be flowing and it’s likely that many investors and private business owners will get very wealthy from these programs. Not to mention that many others will gain valuable employment.
Will it be completely perfect? Nope. But it’s exactly what developed nations do to create a nice place to live with reliable, advanced infrastructure. And they’ll create many economic windfalls while doing so.
I’ll take this over nothing.
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