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12 Billion in loan guarantees doesn't get paid in bills and isn't an accounting trick that costs nothing: https://www.cbo.gov/publication/60682 https://www.cbo
by mrroper 5mo ago
12 Billion in loan guarantees doesn't get paid in bills and isn't an accounting trick that costs nothing:
https://www.cbo.gov/publication/60682 https://www.cbo.gov/publication/60682
- Dylan16807 5mo agoThat's a really big and generic article. What are you saying this loan guarantee cost?
- runako 5mo agohttps://www.energy.gov/articles/energy-department-announces-largest-loan-department-history-delivering-over-7-billion https://www.energy.gov/articles/energy-department-announces-... Basically -- Vogtle drove our power rates up so quickly that the federal government had to step in and subsidize rates.
- mrroper 5mo agoComparing two numbers because you have them is like looking for your keys at the nearest lamp post because there's light.
- Dylan16807 5mo agoI'm not focused on some random attribute. The cost of this specific plant was a big part of this conversation, so I'm asking what number I'm supposed to use for it.
- mrroper 5mo agoI did not make the claim that Georgia and California are comparable energy markets. The cost of that one subsidy is between 1 and 4 billion. The Federal government's handling of the two states is entirely different and the states themselves have entirely different priorities so the cost of something government manipulates heavily is not about production costs from when projects started and certainly not about production costs if new projects started today.