World Premiere: The BMW Vision Neue Klasse X.

[Blue Angel]

Originally Posted by LuisBoston

And fossil fuels haven’t been for 100 years?

I didn’t say or deny that.

[Blue Angel]

Originally Posted by LuisBoston

And fossil fuels haven’t been for 100 years?

I didn’t know any details about US oil industry subsidies, so I read up on it:

https://www.forbes.com/sites/drillin...h=51652f1d6e1c

I found it interesting that many of the “subsidies” are merely the same benefits other industries enjoy, so to exclude oil and gas from those would be discriminatory. I also like the closing statement:

“In 2012 the top two corporations paying federal taxes in the US were ExxonMobil and Chevron paying a combined total of $45.2 billion. On average, the industry pays a 45% tax rate when all state, federal, and foreign taxes are totaled up. By comparison the Healthcare Industry pays a total rate of 35% and the Pharmaceuticals pay an estimated rate of 21%.”

So there’s no doubt that oil and gas get certain benefits, but it would seem the situation may have been exaggerated slightly by the media.

[Blue Angel]

And if anyone is interested, here’s an excellent video explaining some of the challenges faced by utilities when integrating renewables:

He covers a lot of ground, and even explains why renewables make grid power more expensive. He’s an Engineer, not a Social Media Influencer or Politician, so trigger alert: there are facts in this presentation.

(It’s not an extremis viewpoint, it’s a family friendly presentation by a YouTuber I follow who does a very nice job of explaining things. Kids of all ages might find his channel interesting. I do.)

I know this isn’t directly related to the thread topic, just general info that might be of interest to those following green tech.

[hufington]

I wonder who is designing the hideous BMW wheels of late.

[Efthreeoh]

Originally Posted by LuisBoston

And fossil fuels haven’t been for 100 years?

Wait, google the Sherman Antitrust Act.