It's an ESG tax scam ....ROG62 » 28 Oct 2023, 7:57 am » wrote: ↑ Interesting read....
sad part is manufacturers are being forced into these ventures with subsidies being the proverbial carrot on the stick...but we know when the gubment's involved, those subsidies end up being a bag of quarters compared to the billions having to be spent on R&D...manufacturing on these scales garners enormous costs...and as if a new vehicle is expensive already...
Interesting. I knew tax payers flipped most of the bill, but I didn't know the exact details. I never really understood why Musk was so idolized by some. He is a billionaire because of tax payers. He did the same thing with SpaceX. Most of his startup contracts were through NASA, not private sectors. Of all of his companies, Tesla and Space X are the most profitable for him. Both rooted in tax paying funds. Yet, tax payers don't see a dime of that return.Majik » 28 Oct 2023, 10:26 am » wrote: ↑ Here is the scam they set up.....The taxpayer via government takes most of the risk involved .....
How tax credits can be used to capitalize on the Green Transition
Tax policy plays a vital role in a company's ESG strategy, and it will become increasingly important as companies try to mitigate their environmental impact through the use of tax credits and incentivesTax policy plays a vital and often overlooked function in the environmental, social & governance (ESG) space. Tax reporting is a pillar of a corporation’s social contract as well as an act of financial transparency. Mitigating climate change in line with the Paris Agreement’s 1.5°C global warming limit requires an estimated $5.2 trillion per year of investment and lending to meet the limit by 2030.Through taxes, governments can finance public initiatives and subsidize private investment in green industries and other initiatives, incentivizing a shift in private capital towards activities that will further the transition to net zero emission goals. Such investments will help prevent us from breaching our planetary boundaries and mitigate physical risks such as extreme weather, droughts, floods, and wildfires.
Tax credit investments
Investment tax credits at the federal level incentivize business investment. They let businesses deduct a certain percentage of investment costs from their taxes. In the context of green energy, tax credit investments return financial capital to companies to deploy directly into investments such as renewable energy, which boosts the investor’s ESG credentials and helps align the business with a low-carbon economy. Tax credit investments, which is a method used by corporations to provide funding for a project in exchange for the right to claim the available tax credit, enable corporations to use their access to capital to pursue their own path towards a sustainable economy in accordance with their risk/return assessments.An increasingly popular option as part of an organization’s ESG strategy, tax credit investment has been and is set to become even more popular with the ambitious climate and energy policies of the Inflation Reduction Act (IRA), most of which relate to its more than 24 available tax credits. The IRA, which imposes a 15% corporate minimum tax, will drive $380 billion of investment into renewable energy and sustainable technologies, opening up new areas for tax credit investments such as electric vehicle charging infrastructure, bio-gas, green hydrogen, battery storage, and nuclear energy.One significant change the IRA made to the clean energy tax credits is to make them refundable and transferable. Transferable tax credits allow companies to sell their tax credits to other entities for cash Refundable credits allow cash payment for tax credits if the amount owed is below zero.
Continued at...
https://www.thomsonreuters.com/en-us/po ... ransition/
yes and they threaten companies over their social score. S
The government is using our money to underwrite their ESG environmental tax scam and the risk of Corporate green investment .....Vegas » 28 Oct 2023, 10:54 am » wrote: ↑ Interesting. I knew tax payers flipped most of the bill, but I didn't know the exact details. I never really understood why Musk was so idolized by some. He is a billionaire because of tax payers. He did the same thing with SpaceX. Most of his startup contracts were through NASA, not private sectors. Of all of his companies, Tesla and Space X are the most profitable for him. Both rooted in tax paying funds. Yet, tax payers don't see a dime of that return.
Majik » 28 Oct 2023, 11:22 am » wrote: ↑ The government is using our money to underwrite their ESG environmental tax scam and the risk of Corporate green investment .....
And BlackRock is the creator of this global environmental scam .....
BlackRock is the architect of this corporate environmental fascism .....sootedupCyndi » 28 Oct 2023, 11:09 am » wrote: ↑ yes and they threaten companies over their social score. S
THAT'S why you see Bud lite displaying a tranny.
And if a person is a CEO and you tow the line- you get a BIG bonus.
Being consulted by an evil environmentally fascist Fudiciary .....BlackRock.
i Know? and i see an ad on tv- Black rock- working for America. hahahahahahaMajik » 28 Oct 2023, 11:39 am » wrote: ↑ BlackRock is the architect of this corporate environmental fascism .....
.Exclusive: BlackRock fast-tracks eviction of ESG violators from MSCI-linked ETFs
https://www.reuters.com/business/financ ... 023-03-09/
More like undermining America for the great reset......sootedupCyndi » 28 Oct 2023, 11:48 am » wrote: ↑ i Know? and i see an ad on tv- Black rock- working for America. hahahahahaha
BINGO!
People wonder how will we own nothing according to the Great reset ......
i know. They're buying up all the housing?Majik » 28 Oct 2023, 12:07 pm » wrote: ↑ People wonder how will we own nothing according to the Great reset ......
all they have to do is research BlackRock ......
Absolutely 100% how they work. A small gas engine does about 50% of the work and an electric motor in the transmission does the other 50% of the work. And as you coast, the big battery for the electric motor is charged since that motor now becomes a generator for just that purpose. Its some really good technology and one that has been 100% totally proven to work and work very well.sootedupCyndi » 28 Oct 2023, 8:10 am » wrote: ↑ yea- i dont know much about them- but one of my friends told me- it charges as it drives????? is that true
Well why do these idiots ignore that? I thought that may have been a smart way to go?Beekeeper » 28 Oct 2023, 12:40 pm » wrote: ↑ Absolutely 100% how they work. A small gas engine does about 50% of the work and an electric motor in the transmission does the other 50% of the work. And as you coast, the big battery for the electric motor is charged since that motor now becomes a generator for just that purpose. Its some really good technology and one that has been 100% totally proven to work and work very well.
They along with the corporation’s they have their thumb on.....now.
so how do we stop it? Now is the time?Majik » 28 Oct 2023, 1:13 pm » wrote: ↑ They along with the corporation’s they have their thumb on.....now.
Good question ....
well- who are the small folks? in the stock market_get it OUT!Majik » 28 Oct 2023, 1:51 pm » wrote: ↑ Good question ....
The vast majority of western governments have all signed on to this great reset agenda including ours ........without our consent.
and it's all tied to stakeholder capitalism and The global redesign initiative. ....The idea of stakeholder capitalism and multi-stakeholder partnerships might sound warm and fuzzy, until we dig deeper and realise that this actually means giving corporations more power over society, and democratic institutions less.The plan from which the Great Reset originated was called the Global Redesign Initiative. Drafted by the WEF after the 2008 economic crisis, the initiative contains a 600-page report on transforming global governance. In the WEF’s vision, “the government voice would be one among many, without always being the final arbiter.” Governments would be just one stakeholder in a multi-stakeholder model of global governance. Harris Gleckman, senior fellow at the University of Massachusetts, describes the report as “the most comprehensive proposal for re-designing global governance since the formulation of the United Nations during World War
https://www.opendemocracy.net/en/oureco ... eat-reset/
The conspiracy against us.... the common people of the world.... has become so vast that the only way to stop this conspiracy now would have to be nothing short of a global rebellion against The government's and corporation’s that adopted this vile scheme .....
It is, but that's also how they push the agenda, companies want a perfect ESG score to get the goodies (and government contracts) so they become willing accomplices.. I have seen it happen, first they came for the restaurant, no more hamburgers but you can get a vega burger or crickets, I'm not kidding you... then they came for HR, there are 9 different genders to choose from now.. lol.. and then they got serious, all lease cars are EV's now, a lot of people don't have a car of their own, they get one from the company, it's free so who cares if it's electric.. that's how they push the agenda.. but they have a perfect ESG score now which is good for business so who cares..