Well At Least Some Good News---Coal Rebound

[thecoalman]

Originally Posted by DCforever

another lie.

The tax break goes to the person who owns the pv system, not the seller.

LOL.... the seller would not be able to sell them anything without that credit.

Seller sells for $100K
Total revenue for seller: $100K

Buyer buys for: $100K
30% tax credit: -$30K
Total cost to buyer: $70K


================

Seller gets credit for: $30K
Seller sells for $70K
Total revenue for seller: $100K


Total cost to buyer: $70K

Where you account for it makes no difference.....knowing your trouble with simple numbers in the past you mistakes are understandable.Keep trying, some day you will succeed. I hope you have figured out the difference between 2% and .02% by now.

Elon Musk's growing empire is fueled by $4.9 billion in government subsidies - LA Times

[HappyRider]

Originally Posted by DCforever

another lie.

The tax break goes to the person who owns the pv system, not the seller. The seller benefits due to more people buying pv systems, but get none of the subsidy.

No difference. You are admitting that if there was no subsidy, there would be no sales, hence subsidies helped the manufacturer. Where is the "lie?"

PS

Just saw the coalman's post. LOL.

[sickofnyc]

I hear that coal burning locomotives are coming back. So proud that the USA is no longer the innovative nation it once was and instead becoming a laughing stock.

[Freak80]

Originally Posted by sickofnyc

I hear that coal burning locomotives are coming back. So proud that the USA is no longer the innovative nation it once was and instead becoming a laughing stock.

Coal may be perceived to be low-tech, but it's still one of the cheapest ways to generate electricity (as long as the negative externalities like pollution from mining and burning are ignored).

Arguably, nuclear power is more high-tech and doesn't pollute the air, but it does generate nuclear waste and there is the risk of accidents.

Wind and solar are held up as the optimal energy source, but they will not be able to displace many coal and gas plants until the electricity storage problem is solved. How many batteries would be required to power New York City during a windless night?