Don't know where you get your numbers from. We spent 350 Billion on Biden's IRA which had exactly zippy to do with Inflation Reduction. We have nothing to show for it. Was it for kickbacks back to Biden and the DNC? Was that its purpose? |
We need lawyers to sue everyone for equity and make everyone equal through grievance politics. Sincerely, Modern Day Democrat |
| Electricity prices are mostly due to state level policies. State law is what determines how much regulated utilities (like electricity companies) can raise rates and how they allocate costs for infrastructure improvements. The President has very little direct impact on your electricity rates. If you are upset about rising electricity prices it would be more productive to complain to your state legislators and governor. |
Not that PP, but... Did we keep our jobs while inflation dropped under Biden, such that the US economy fared better than any other country also impacted by post pandemic inflation? Yes. Do we have massive job loss and inflation growth under Trump along with a dramatic increase in the national debt? Yes. Was I better off financially under Biden? Yes. |
DP to add, if you want to whatabout with kickbacks to a President, you must really, really, really, really HATE Trump? Or are you just a hypocrite and you excuse Trump when you would foam at the mouth if Trump was a Democrat for the sh*t Trump does? |
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Nova residents uploading electric bills showing that their bills have nearly doubled in one year….
https://www.reddit.com/r/nova/s/SvEXu3BRvb |
While it is true that state level public service commissions set rates, the president is encouraging massive investment in data centers which are huge energy hogs. It is retail energy consumers who end up "paying the price" for it, particularly when there is no federal policy around renewable energy or energy resiliance where it comes to these data centers. |
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No, the current Republican administration does not care; this is a feature for their billionaire donors who now pay less in taxes and get electricity to run their data farms for a low low price.
It's just the rest of us who have to pay. |
| I can't believe how dystopian this all is. So people will lose their jobs because of AI and then have to pay for the data centers for AI to replace them. Spectacular! |
DP. Those number are good. We got solar, wind and grid storage which accounted for 93% of the new grid electrical generation this year. Even with Trump canceling grid solar and wind projects as they are coming online it will still account for 80-90% of the new power generation in the US for the next 5 years. The US got 23 EV battery manufacturing plants that produced over 240,000 jobs and 112 billion in private funding for $23 billion spent. Over all the IRA created 400,000 new jobs a year, improved the grid(look at Texas), invested in nuclear, eased transition to an electrical based economy. I can see you are confusing Biden with Trump. Trump and the Republicans are totally corrupt- kick back, fraud, etc. |
The federal government also has a huge influence on what new energy projects get built, transmission infrastructure and rules, and the wholesale electricity market, all of which are the big contributors to how much supply there is. |
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Now that Trump has authorized NVDA advanced chips be sold to China, the US advantage in AI will diminish. This is as much a gift to China as Trump pulling out of the TPP.
I can't wait for Trump to sell out Taiwan next year for the Triple Lindy. |