I will be following the progress. I predict delays, and budget over runs. Will it actually become operational. We will see.
https://wyofile.com/southwest-wyoming-locals-pepper-feds-on-proposed-natrium-nuclear-plant/
China is building ghost cities. I would not use them for sound economic advice.
Edit: I wouldn't put any value on a Longi or
any other Chinese manufactured Solar panel warrenty.
Insurance costs are definitely going up. Inflation.
Also, insurance rates are soaring, raising the cost of electricity produced by industrial solar generation facilities.
https://www.insurancejournal.com/news/national/2023/08/02/733273.htm
"Clean energy developers are starting to factor higher insurance costs into their business plans. SB...
Land leases are an annual cost. 5k to 10k an acre. Likely why some want to build solar farms on public land. It's cheaper. Panels also have around a 25 year life expectancy. The production tax credit is another subsidie to help it be "competitive".
The problem with solar is you have to build your peak generating capabilites as if the solar doesn't exists, because at night time and on cloudy days, it doesn't generate electricity. Sure you can store excess solar generated electricity in batteries to use when the sun is not shining. Off grid...
That was answered in the above post.
Post in thread 'Project 2025 and Conservation' https://www.hunttalk.com/threads/project-2025-and-conservation.325318/post-3803722
And the mortgage interest deduction benefits the lender more than the borrower. If anything it incentives reckless borrowing amounts. Same with student loan bailouts.
Bottom line, a tax credit to entice homeowners to put expensive solar panels on their roofs, is irresponsible policy, no matter what the wealth class of the purchaser is.
A tax deduction lowers your adjusted gross income. Your tax liability depends on what tax bracket you are in. A tax credit is a direct reduction in your tax liability. Big difference.
At any rate trumps tax cuts for the rich, made the mortgage interest deduction basically worthless.
Mortgage interest is tax deductible, not a tax credit. The increase in the standard deduction to 20k and limits on the mortgage interest tax deduction amounts have only negatively effected the "rich" people. So the mortgage tax deduction is now basically worthless. As it should be.