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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • I have never worn out a pair of shoes that way. Not against what you suggest but if they takes say 20 percent more energy but only 5 percent of people will take any advantage of it, that is a fifteen percent hit to the environment.

    I just took those numbers out of my ass but there is a good chance that if you force companies to build say a product like this more durable, it could end up costing the consumer and the environment more than less. It is near impossible to legislate.


  • Which is a pretty legitimate write-off considering they are an expense. To expand what you mean is that in some cases they can be expensed entirely in one or two years instead of 5 or 6 years that most capital assets will be mostly written down. In the end, the government gets the same amount of taxes and the company will pay a similar amount of taxe. It is pretty hard to call that a subsidy. But this is always the one that comes up because typically there is no tax dollars provided and little to no other benefits oil and gas receive.

    But secondly, and why it is pretty much a legitimate write off is that often, especially with exploration, the well value does not provide returns. When that is the case, all the capital spent on said well pretty much has zero value. It makes sense and is fair to write it off. You can do that on any business if you can justify that the item is no longer viable and you can’t sell it.

    There are a number of reasons we should limit our fossil fuel consumption but it certainly is not for the tax benefits it provides.





  • I would not take this as proof. A third party company was being penalized significant fees because they were not meeting their contractual requirements to keep the trains running. Newag completely denies it suggesting maintenance makes up only 5 percent of their revenue. Also stated was that they controls have no connection to the internet which is a likely design requirement. Negating some of the claims.

    Not suggesting they are not at fault but it appears multiple companies have a stake in this. There likely is no digital fingerprint on the PLC software modifications so if some devious code is found, would be hard to show who did it and when. There is possibilities to check all trains and if for example no faulty code was found on trains that were never maintained by company xyz, then that may create some suspicion on a different company. If code found on every train…

    I wouldn’t discount anything. Even Newag.