Guest
On Thursday, September 19, 2019 at 12:27:03 PM UTC-4, Whoey Louie wrote:
Try to learn the difference between a tax credit and a tax deduction, because apparently you don't know.
And the tax credits are a scam. The credit is for the installer, not you. You get the credit, sure, but all they're doing is returning the extra money the installer charged you. That would be extra in the sense of being above and beyond what they would have accepted if there was no credit. Your net savings is zero.
On Wednesday, September 18, 2019 at 9:56:48 PM UTC-4, bitrex wrote:
On 9/18/19 6:35 PM, Phil Hobbs wrote:
The reason for constantly increasing reactor sizes is mainly
political. It is very hard to get a license to build a new reactor, so
for a specific amount of red tape, build as big as possible.
The other is the NIMBY effect, so it is very hard to start a new
nuclear site. In practice, you can only build new reactors on old
nuclear sites, in which a large part of the population work with the
old reactors.
There has been a lot of plans building small modular reactors.
However, the only standardized built I know of is the two KLT-40S
nuclear icebreaker reactors built on the Akademik Lomonosov barge.
The barge was just recently towed to Pevek in Northern Siberia and
should start to generate power and district heat for the local
community at the end of this year.
Folks whose other alternative is freezing in the dark (in a Siberian
Arctic winter, no less) tend to be more realistic about these things.
Cheers
Phil Hobbs
there's no money in fission power generation and never was without heavy
government support and subsidization (like a bunch of other industries
you could mention.)
As a free-market enterprise where it didn't have the luxury of shoving
most its liabilities onto other people trying to stand on its own merits
it falls down bad.
So would solar.
"The federal solar tax credit, also known as the investment tax credit (ITC), allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value"
That's just the fed subsidy here, some states are also subsidizing it
on top of that. And in virtually all states, consumers of electricity
are subsidizing it because solar homes and businesses are either zero
users of grid electricity or near zero, so they are not paying for the
huge costs of the infrastructure. Half my electric bill is for that.
So, if you have a $150 a month electric bill, $75 is going to support
the grid, without which your neighbor who is paying zero, would have
no power at night, nor any way to put his excess power into the grid
for profit. Put that $75 charge onto the solar house and suddenly
the solar miracle doesn't look the same.
Try to learn the difference between a tax credit and a tax deduction, because apparently you don't know.
And the tax credits are a scam. The credit is for the installer, not you. You get the credit, sure, but all they're doing is returning the extra money the installer charged you. That would be extra in the sense of being above and beyond what they would have accepted if there was no credit. Your net savings is zero.