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Old 11-21-2012, 11:33 PM
 
15,924 posts, read 17,376,698 times
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Now this is putting your money where your mouth is...

Google puts $75 million into an Iowa wind farm, bringing its total green power investment to nearly $1 billion.

Google Nears $1 Billion Investment in Green Power
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Old 11-22-2012, 03:42 AM
 
39,200 posts, read 40,587,898 times
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They are taking advantage of the subsidies to provide power to their operations. Let me ask you this, if the article was about Exxon taking government subsidies to build a wind plant to power their refinery operations what are your thoughts on that?
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Old 11-22-2012, 04:39 AM
 
Location: Minnysoda
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You do know that there is so much extra generation on the MISO grid, especially at night that these things get curtailed (shutdown) more often than noght.....
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Old 11-22-2012, 05:32 AM
 
Location: DC
6,509 posts, read 6,429,279 times
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Originally Posted by my54ford View Post
You do know that there is so much extra generation on the MISO grid, especially at night that these things get curtailed (shutdown) more often than noght.....
Coal plants get backed down first.
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Old 11-22-2012, 08:08 AM
 
2,737 posts, read 4,319,116 times
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Quote:
Originally Posted by plwhit View Post
Now this is putting your money where your mouth is...

Google puts $75 million into an Iowa wind farm, bringing its total green power investment to nearly $1 billion.

Google Nears $1 Billion Investment in Green Power
I'm all for private industries investing their own money in green energy. We should admit, however, that Google is making out like a bandit on this one. They're thrilled by what this does for their image, but what the public doesn't know is that they're getting federal subsidy payments for these.

But again, developing green energy alternatives is a good thing!
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Old 11-22-2012, 12:58 PM
 
15,924 posts, read 17,376,698 times
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Quote:
Originally Posted by thecoalman View Post
They are taking advantage of the subsidies to provide power to their operations. Let me ask you this, if the article was about Exxon taking government subsidies to build a wind plant to power their refinery operations what are your thoughts on that?
Since when has taking government subsidies been a no-no?

I'd say Exxon is doing what any other American company would do, accept the free government money.
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Old 11-22-2012, 01:03 PM
 
15,924 posts, read 17,376,698 times
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Originally Posted by Big George View Post
I'm all for private industries investing their own money in green energy. We should admit, however, that Google is making out like a bandit on this one. They're thrilled by what this does for their image, but what the public doesn't know is that they're getting federal subsidy payments for these.

But again, developing green energy alternatives is a good thing!
Google is doing what any other American company would do...

Does the government have some stipulation that says if a company if highly profitable they are not allowed to receive subsidies?

I don't follow your logic...
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Old 11-22-2012, 01:28 PM
 
2,737 posts, read 4,319,116 times
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Quote:
Originally Posted by plwhit View Post
Google is doing what any other American company would do...

Does the government have some stipulation that says if a company if highly profitable they are not allowed to receive subsidies?

I don't follow your logic...
My point is that Google investing in green energy is not everything it's made out to be. Google gets to brag to its "eco nerd" fan-base, saying "Look how much we're investing in green energy!!!" But the truth is that they're receiving HUGE government subsidies. Google isn't talking about the hundreds of millions of dollars of tax-payer subsidies they're receiving, as a result of investing in green energy.

It's like Warren Buffett talking about rich people being happy to pay high income taxes, knowing the whole time that he has his income structured in such a way that those higher taxes would not effect him.
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Old 11-22-2012, 03:49 PM
 
Location: DC
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Coal has historically enjoyed a huge subsidy in the ability to pollute for free.
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Old 11-22-2012, 05:32 PM
 
15,924 posts, read 17,376,698 times
Reputation: 7641
Quote:
Originally Posted by Big George View Post
My point is that Google investing in green energy is not everything it's made out to be. Google gets to brag to its "eco nerd" fan-base, saying "Look how much we're investing in green energy!!!" But the truth is that they're receiving HUGE government subsidies. Google isn't talking about the hundreds of millions of dollars of tax-payer subsidies they're receiving, as a result of investing in green energy.

It's like Warren Buffett talking about rich people being happy to pay high income taxes, knowing the whole time that he has his income structured in such a way that those higher taxes would not effect him.
"eco nerd" fan-base, that's a good one, almost as good as goobois.....

Well if it's the truth why didn't you post an accredited URL on these HUGE subsidies...

Google uses their subsidies for what they were meant for, most other subsidies go in peoples pockets so lets badmouth Google for investing in alternative energies.....

Yup, your logic makes sense to me.....
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