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  • Sep 17, 2008
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by drpepperTX  Jul 30, 2014

Those 3 are just the tip of the iceberg my friend, as of Feb this year the total was 32 companies gone under totaling over $3 Billion taxpayers dollars up in smoke.

by drpepperTX  Jul 28, 2014

Sorry, I almost forgot you asked. As far as tax code is concerned renewables receive about 25 times the amount that all fossil fuels receive per unit of energy produced. You can find that info at http://www.eia.gov/. But let’s just look at tax breaks regardless of energy produced, renewable energy receives around $14 billion in tax breaks each year while oil and gas receives about $2.7 billion and coal about $1.3 billion. And don’t forget tax revenue to the government is about $80 billion a year from Exxon, Chevron and Shell alone. As far as direct payments and government loans and guarantees, true subsidies, that’s still being added up as the Solyndra’s and Fisker’s and A123 Batteries bankruptcies continue but it’s well into the multi-billions. And don’t forget the $1.5 billion government grant to Ivanpah Solar farm. Hope that clarifies things for you. Oh, I’m curious, what are the “trillions in fringe benefits” you ask about? Make it a great day!

by drpepperTX  Jul 27, 2014

Howdy giraffefan! Like Wiki, I see you have trouble understanding the difference between taxes and free money from the government. You see, a tax break lets you keep your own money, a subsidy gives you free money that is not yours, it comes from other people's money. In the real world, it is actually oil and gas companies that subsidize the solar industry. After all, oil and gas pays the highest rates and largest amounts of money in taxes than any industry sector. giraffefan, could you please find an example of oil and gas receiving free money from the government??? Good luck!

by Cheney  Jul 26, 2014

brilliant comment on fuel subsidies... It must have taken the GB rednecks aback, being confronted with facts.

by SHEP20715  Jun 22, 2014

Congratulations on posting for 500 consecutive days, that is real dedication, helping others to save money on gas. .YB.Shep

by baitmn  Jun 21, 2014

A Big Congrats on reaching the 500 Day Mark Posting, Notice you have over 5 plus years at this, Wanna be Gas Buddies

by sarasotasingle  May 31, 2014

GREAT JOB!!!... CONGRATS Consecutive Days: 479 !!! I am at 363 DAYS!! Your GB...AL

by SHEP20715  Mar 13, 2014

Congratulations on posting for 400 consecutive days, that is real commitment. May 2014 bring peace and joy to you and yours. .YB.Shep

by ItisAJeepThing  Mar 13, 2014

Thanks for becoming my newest buddy. I hope that this is a good week and that spring comes soon for you!! Warren {:-)

by ItisAJeepThing  Mar 13, 2014

Congratulations on having the perseverance to post for 400 consecutive days! Good luck on reaching your next milestone!! Care to become buddies in 2014?? Warren :)

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