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Message
re: Trump Vows Day One Executive Order Targeting Offshore Wind
Posted on 5/15/24 at 8:13 am to billjamin
Posted on 5/15/24 at 8:13 am to billjamin
quote:
That’s false for land turbines. They make plenty of money
Without subsidies?
Not that, if the OP is correct, that any president should be talking about banning something like wind turbines. Just pull the subsidies if it's an inefficient use of funds. Subsidize nuke plants if you really want to get rid of fossil fuels.
2
Posted on 5/15/24 at 9:41 am to Flats
quote:
Without subsidies?
Yeah. The subsidy is just a tax credit per Wh generated. There are a few that probably got DOE loans or some placed grants, but that's incredibly rare. The vast majority just get the tax credit.
Posted on 5/15/24 at 10:57 am to Flats
quote:Missed this part. We already do. They get a PTC just like wind and geo.
Subsidize nuke plants if you really want to get rid of fossil fuels.
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