this post was submitted on 09 Feb 2024
41 points (88.7% liked)

News

22800 readers
3299 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
41
Why the Cost of Biden’s Climate Law Keeps Going Up (www.nytimes.com)
submitted 7 months ago by [email protected] to c/[email protected]
12 comments fedilink hide all child comments
 

Forecasters say the president’s clean-energy incentives will be more effective than they had originally expected, in part because of new federal regulations.

The estimated price tag for President Biden’s clean-energy and climate agenda has effectively doubled since the Inflation Reduction Act was signed into law a year and a half ago.

Nearly all of the increase is attributable to forecasters’ belief that the law will be more popular than they had originally expected, in part because of the way the Biden administration wrote certain regulations. That rising price tag may actually be good for reducing greenhouse gas emissions — and for the U.S. economy.

The Inflation Reduction Act, which Democrats passed on a party-line vote in summer 2022, includes tax credits and other subsidies for low-emission energy technologies that are meant to help wean the nation from fossil fuels.

Many of those credits are effectively unlimited, meaning the more people or companies choose to claim them, the more they will add to federal deficits. The uncapped credits include incentives for manufacturers to build solar-panel or wind-turbine factories, and for consumers to buy electric vehicles. Budget scorekeepers have to estimate how popular those credits will be, in order to forecast how much they’ll cost.

Non-paywall link

all 13 comments
sorted by: hot top controversial new old
[–] [email protected] 3 points 7 months ago (1 children)

I can’t wait for the IRA to actually go into swing as far as the incentives for efficiency upgrades and electrification for residential properties are concerned.

I own a super old house and I’m not at all well off (bought in 2013, because I needed somewhere I couldn’t get evicted from, and my disability covers most of the mortgage, but I don’t have stable employment) so taking care of weatherproofing is way outside of my budget.

My house is drafty af, being 140 years old and not super well maintained, and we get cold winters - yearly average temp here is 40f. If I keep the heat at 60, which is a temp at which my hands and feet go numb if I’m in it all day, my heat-only bill is like 150/mth (which is still high) at 62 it’s $200+\mth. 65 it jumps to 300+, and heaven forbid I go with 68, cuz that’s well beyond 400/mth.

Sure that saving for myself would be great, but my house is heated with gas, so it would also reduce emissions, and that’s sort of the point. It would also free up a bit of funding for economic stimulation (what with spending a small fortune on heat every year). Win-win.

[–] [email protected] 1 points 7 months ago (1 children)

Drafts are a huge killer. Anywhere you can see daylight through a crack should be sealed up. That alone makes a big difference in comfort and gas bills. The good news is door strips and insulating sealant foam are inexpensive.

After those easier things are taken care of though, prices for things like a new set of double pained windows or upgrading the insulation are quite high. But, at least hit up the easy ones in the first paragraph yourself. Killing the drafts makes a world of difference.

[–] [email protected] 2 points 7 months ago* (last edited 7 months ago)

I replaced all the windows the first year I lived here (they were shitty wood single pane double hung, and I used to work for a door and window company so it was an easy call), but left the storm windows for the extra airspace. The doors/windows aren’t drafty, the structure of the house itself is, especially where different materials tie together. I can’t see light through any of it but I can feel the air movement. Arguably worse. It’s just settled over time, and come apart at the seams. (I can relate)

I need to remove all the siding and exterior insulation, reseal, seal the foundation, reinsulate, and reside it to take care of the problem. Which is going to be very expensive, and why I haven’t already done it. I’m looking at roughly 1/5-1/4 the total I paid for the place to do this.

This isn’t a small draft issue, unfortunately, it’s a huge one. I’ve already done all the small stuff cuz it’s so expensive to not.