ST Alpha - "Didn't read the article, but I wonder what period that 3 trillion is spread over and whether it amounts to a "worst case" scenario." (Reading a Post)

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Didn't read the article, but I wonder what period that 3 trillion is spread over and whether it amounts to a "worst case" scenario.

Posted by TWuG Mar 18 '09, 08:48

If it eventually prices coal out of the market, great. That's one way of making renewable, greener energy more attractive.

Responses:

over an eight year period -- nm - The Quiet Roger More Mar 18, 08:49 16
- So what are projected revenuers over that 8 year period? Many multiples of 3 trillion would be my guess. -- nm - TWuG Mar 18, 08:52 15
  - [deleted] 14
    - I think he's asking "what are total company revenues over eight years? I bet it's bigger than the $3T they'd have to fork out" -- nm - The Quiet Roger More Mar 18, 08:56 9
      - [deleted]
      - Yes, that's what I'm asking. Everyone hears -- nm - TWuG Mar 18, 08:58 7
        
        "$3 trillion" and gasps. But $3 trillion against what revenues? $10t? $12t? $20t? -- nm - TWuG Mar 18, 08:59 6
        
        not to mention that's probably the highest-revenue scenario in the projection, not by any means the most common outcome. -- nm - znufrii Mar 18, 09:00 5
        
        [deleted] 4
        
        *gives you a D- in reading comprehension* - znufrii Mar 18, 09:06 1
        
        [deleted]
        
        I think he's saying $3t is worst case. He meant "cost" not "revenue" -- nm - TWuG Mar 18, 09:04 1
        
        I meant govenrment revenue, not company revenue, correct. -- nm - znufrii Mar 18, 09:07
    - most of which will apparently go to subsidizing increased consumer costs for lower-income families as a result of this program -- nm - znufrii Mar 18, 08:56 3
      - which is just as well, as the companies paying the tax will pass on the increased costs to consumers (as they should) - The Quiet Roger More Mar 18, 09:00 2
        
        [deleted] 1
        
        I know that's one proposal to deal with the problem, but is that what the EU actually does? -- nm - The Quiet Roger More Mar 18, 09:06

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Didn't read the article, but I wonder what period that 3 trillion is spread over and whether it amounts to a "worst case" scenario.

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