Carlin Economics and Science

With emphasis on climate change

Senate Spending Deal Includes Bolstered Tax Credits and Other Subsidies Advocated by Climate Alarmists and Their Allies

On Wednesday night, February 7, the Senate released 600 pages containing the language of the proposed budget deal to be voted on tonight. It extends a lot of tax cuts for individuals and businesses for 2017. Yes, you read that right. It’s a massive retroactive tax break.

It includes several extensions of energy tax provisions that expired at the end of 2017, including a proposal long sought by backers to significantly expand tax breaks for carbon capture and storage (CCS) technology as well as other low-carbon generation. It contains a host of “orphaned” renewable sources to the extension and phaseout schedule agreed to in a previous deal, including the following:

    Extend the credit for nonbusiness energy property through the end of 2017.
    Extend and modify the the credit for residential energy property through 2021.
    Extend through the end of 2017 the credit for new fuel-cell motor vehicles.
    Extend through 2017 the alternative fuel vehicle refueling property break.
    Extend the credit for two-wheeled, plug-in electric vehicles though Jan. 1, 2018.
    Extend the second generation biofuel producer credit through Jan. 1, 2018.
    Extend the biodiesel and renewable diesel breaks through the end of 2017.
    Extend the oil spill liability trust fund financing rate through the end of 2018.

If the “deal” is not approved tonight, taxpayers and climate skeptics may wish to inform their senators and representatives of their views on all this.

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just beau

So often at this web site, the serious topic has to the baser side of humanity, mendacity accompanied by the trappings of science. The Failed State of the Climate Industrilal Complex.

On Valentine’s Day it seems apt to take a brief break and look forward to a happier future. Thanks for your unswerving personal commitment to restore the integrity of US federal government science, Dr. Carlin!

just beau

Doctor Carlin does well to remind us that climate alarmism involves money, not just altruism and highmindedness.

If somebody was not making a little money from climate alarmism, Democrats would not have bothered to invent it.

When you see the strange persistence of an eco hypothesis that lacks persuasive supporting evidence, money may provide rational explanation.

just beau

Jimmy Carter was trained by Hyman Rickover. Carter is a straight arrow who did good things for the US economy. Appointed Paul volker. Introduced competition into federally sheltered sectors like airlines and trucking.

John f Kennedy fought for his nation. A brother died in WWII. Kennedy asked not what your country could do for you, but what you could do for your country?

Carter built habitats for humanity and observed foreign elections in support to democracy.

In contrast, John Kerry selected sleazy John Edwards as his Vice President. The clintons scam uranium mines for $100mm. They have lately been caught promoting election tampering and corruption within the FBI.

A lot is bankrupt and merits cleansing, not only climate malfeasance.

just beau

For inhibiting tax breaks justified by nonexistent climate change, it would be helpful if the administration were to convene the red blue debate, so as to bring climate alarmism into the sunlight.
When and if this will happen remains to be seen. The President will want the 2018 election to hinge on issues that strongly favor his side like a prudent approach to immigration and about economic growth. A lot of people care about such issues.

Even those who support climate alarmism scarcely believe their own dopey dogma. the topic just may not influence a lot of votes to change, so the much needed debate may be deferred to 2019.

The debate Is still needed as one part of a broader attack on the moral and intellectual bankruptcy of the mainstream media and the democrats. the best timing for this is up to the pros.

just beau

Thanks for your tireless vigilance, Doctor Carlin. How you are able to observe the Swamp yet remain a determined righteous citizen, despite bottomless chicanery and shenanigans, is inspirational!

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