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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (10701)7/6/2009 3:07:48 PM
From: Brumar89  Read Replies (1) | Respond to of 86356
 
Yet again:

Its a fact that Republican ruled TX has more wind power than any other state. And most of it installed with Republicans in power in DC too. And most of it installed in the LAST 8 YRS. That fact alone blasts your claim to hell.

The real problem is that all of you guys say you are for an "all of the above" approach, but then you limit yourselves to incentives for oil, coal, and nukes. That's not all of the above. It excludes incentives for all the renewable energy sources, which is basically dooming the US to the past instead of investing in the future. Also, providing incentives to oil companies to drill off shore and in ANWR is simply stupid. They don't need incentives.

The only big "incentive" is immediate deduction of intangible drilling cost. And if I recall, Obama intends to end that.

A better approach would be to lease them the land at market rates and let them drill if they think they can make a profit.

It IS leased at market rates. Leases are competitively bid. I've pointed this out before many times on this thread, but the same dis-information keeps getting reposted.