117th United States Congress: #CancelGate

[Roranora]

Gred that reminds me - can someone gif'ify Robin Williams flinging zoo monkey feces and jizz from 2001's Live on Broadway

[Spicyryan]

Spicy, the Dems just passed a very good climate bill with a bare 50 senators

Despite anyone's misgivings, I am not an acolyte of Kacyzynski, and therefore not living out and the woods off the grid in some cabin. So I am actually aware of the Inflation Reduction Act. A deeply flawed and concerning bill. One that can only be called very good if you ignore these overshadowing flaws.

Meanwhile, Biden is on an utter tear—approving oil leases in the Gulf of Mexico recently. In general, approving 26% more (245 vs 333) new leases in total from Feb-Nov 2021 compared to Trump. Don't worry, climate crisis averted.

[Day]

preach it brother

[thetruepandagod]

i agree with spicy

[Spicyryan]

preach it brother

Meanwhile, since it's incredibly easy to bash how the bill actually creates a gamble. One if lost—which I would argue is more likely—creates future climate catastrophe. From increasing emissions due to the poison pill provisions to ensure votes from someone like Manchin. Let's talk about the insulin price cap of $35 that was abandoned.

If you know the basic history of insulin it is even more tragic the current price situation was allowed to be, although not surprising. As far as I know of the concessions to Sinema. Namely, the 1% tax on stock buybacks and carried interest loophole. As well as the fossil fuel concessions to Manchin. Had nothing to do with the insulin cap being abandoned. So, given the lack of Republican support. This could have been overruled and kept in the bill. Which would have been one of the most outstanding claims to fame the Dems could have campaigned on given the other flaws. Which includes the rather meek Medicare drug price negotiation provision. Gee, I wonder how anyone could be down on the Dems. I guess it is more a matter of "oh. This again."

i agree with spicy

Wow.

I didn't think I would get this far.

[Yabby]

You can be a dick and still be right sometimes.

[Spicyryan]

You can be a dick and still be right sometimes.

Everyone is a dick in some manner at some time. It's just a matter of over what and how direct, indirect, passive, and aggressive, and educated it is. I'd argue one can be a nice and compassionate individual and also an utter dick or even a contemptible fool. What does any of that really matter without context though?

Which is all to say, I'd never deny being a dick. I'd like to know why it matters in the first place though.

[Salodin]

Seeing spicy talk about climate shit he doesn't know anything about is all the proof I need to know my side of the camp is sometimes as bad as the other side of the camp, and maybe I should be more humble about it

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[NynJa]

Sounds like you should put everyone in concentration camps so they can concentrate on being better.

[Andalusian girls]

You can be a dick and still be right sometimes.

it is not remotely right. every significant study done of the bill shows it dramatically accelerating the rate of reduction at which greenhouse gases will be emitted into the atmosphere. but it's a typical forest for trees purity test, letting the perfect be the enemy of the good. the provisions to get Manchin on board are not good, but they are overwhelmed in the aggregate by the 96% of the bill that will effectively combat climate change (the estimate being for every 1 ton of emissions increases generated by the IRA oil and gas provisions 24 tons of emissions are avoided by green provisions).

to wit,
Princeton estimates a 42% reduction in greenhouse gas emissions by 2030
Energy Innovation 37%-41%
Rhodium Group 31%-44%
Moody's Analytics 30%

it's probably the single most impactful piece of legislation in human history re directly combatting climate change but it was passed by a centrist liberal doling out pork barrel projects to a moderate conservative so i understand why leftists feel insecure about it

[Salodin]

it is not remotely right. every significant study done of the bill shows it dramatically accelerating the rate at which greenhouse gases will be emitted into the atmosphere. but it's a typical forest for trees purity test, letting the perfect be the enemy of the good. the provisions to get Manchin on board are not good, but they are overwhelmed in the aggregate by the 95% of the bill that will effectively combat climate change (the estimate being for every 1 ton of emissions increases generated by the IRA oil and gas provisions 24 tons of emissions are avoided by green provisions).

to wit,
Princeton estimates a 42% reduction in greenhouse gas emissions by 2030
Energy Innovation 37%-41%
Rhodium Group 31%-44%
Moody's Analytics 30%

it's probably the single most impactful piece of legislation in human history re directly combatting climate change but it was passed by a centrist liberal doling out pork barrel projects to a moderate conservative so i understand why leftists feel insecure about it

Dramatically decelerate?

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[Andalusian girls]

you couldn't wait twooooooo minuuuuuuutes

[Kaslo]

"Their entire strategy is to appeal to voters" being a negative thing is pretty telling

[Xno Kappa]

Who knew doing shit that was popular amongst Americans would be so popular amongst Americans.

[thetruepandagod]

it is not remotely right. every significant study done of the bill shows it dramatically accelerating the rate of reduction at which greenhouse gases will be emitted into the atmosphere. but it's a typical forest for trees purity test, letting the perfect be the enemy of the good. the provisions to get Manchin on board are not good, but they are overwhelmed in the aggregate by the 96% of the bill that will effectively combat climate change (the estimate being for every 1 ton of emissions increases generated by the IRA oil and gas provisions 24 tons of emissions are avoided by green provisions).

to wit,
Princeton estimates a 42% reduction in greenhouse gas emissions by 2030
Energy Innovation 37%-41%
Rhodium Group 31%-44%
Moody's Analytics 30%

it's probably the single most impactful piece of legislation in human history re directly combatting climate change but it was passed by a centrist liberal doling out pork barrel projects to a moderate conservative so i understand why leftists feel insecure about it

but what did it do for inflation

[Salodin]

you couldn't wait twooooooo minuuuuuuutes

I swear this has never happened before

Im gonna call like three people right now and they're gonna tell you this has never happened before

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[Andalusian girls]

[Spicyryan]

Seeing spicy talk about climate shit he doesn't know anything about is all the proof I need to know my side of the camp is sometimes as bad as the other side of the camp, and maybe I should be more humble about it

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We aren't in the same camp.

I also produced rather plain assertions, and you didn't so thats fine.

it is not remotely right. every significant study done of the bill shows it dramatically accelerating the rate of reduction at which greenhouse gases will be emitted into the atmosphere. but it's a typical forest for trees purity test, letting the perfect be the enemy of the good. the provisions to get Manchin on board are not good, but they are overwhelmed in the aggregate by the 96% of the bill that will effectively combat climate change (the estimate being for every 1 ton of emissions increases generated by the IRA oil and gas provisions 24 tons of emissions are avoided by green provisions).

to wit,
Princeton estimates a 42% reduction in greenhouse gas emissions by 2030
Energy Innovation 37%-41%
Rhodium Group 31%-44%
Moody's Analytics 30%

it's probably the single most impactful piece of legislation in human history re directly combatting climate change but it was passed by a centrist liberal doling out pork barrel projects to a moderate conservative so i understand why leftists feel insecure about it

No, it doesn't cut it by 40% because without the bill. Rhodium Group's own numbers you cite there show that current policy would see emissions reduced by 21-35% without this legislation, and 31-44% with it. However, the bill itself undermines that and so does Biden's policy of leasing out new land for new fossil fuel projects as well as prolonging the closing of others. The bill is a chance to hit some targets that we likely will not hit. It is impactful to the degree its claimed simply because there has been an utter lack of impactful climate action. I would question how accurate the porjected emission reductions from the bill are overall given this overselling. Methane emissions are likely not being weighed properly, for example. Even then those are only ~10% of our total, but I am skeptical.

There is no green economy, but only a green mandate. The economic model we operate in has not and will not let that happen regardless of the consequences, unless mandated, as it is not compatible with infinite growth. The IRA is effectively a gamble that the market will fulfil a need if the government gives private industry a shot in the arm and acts again in the future like this. Seeing as greener industry is not progressing nearly fast enough, and the Dems believe it can with some good old fashioned financial incentivization. However, this is unikely, given the hold of the fossil fuel industry on the legislative process, and even as we see here a lack of will to meet the real severity of the crisis. So, yes, we have a chance, but this should be a sigh of relief rather than any fanfare.

In general, when an entity like Exxon is happy about this bill. then it should be concerning.

[Dimmauk]

Did yall mention or talk about the oil leases on federal lands come with a major reduction in the number of acres offered and an increase in the royalties companies must pay to drill?

The Interior Department on Friday said the new leasing would come with a royalty rate of 18.75 percent, up from the previous 12.5 rate that critics complained was far lower than what energy companies pay to drill on most state lands.

[Yabby]

it is not remotely right. every significant study done of the bill shows it dramatically accelerating the rate of reduction at which greenhouse gases will be emitted into the atmosphere. but it's a typical forest for trees purity test, letting the perfect be the enemy of the good. the provisions to get Manchin on board are not good, but they are overwhelmed in the aggregate by the 96% of the bill that will effectively combat climate change (the estimate being for every 1 ton of emissions increases generated by the IRA oil and gas provisions 24 tons of emissions are avoided by green provisions).

to wit,
Princeton estimates a 42% reduction in greenhouse gas emissions by 2030
Energy Innovation 37%-41%
Rhodium Group 31%-44%
Moody's Analytics 30%

it's probably the single most impactful piece of legislation in human history re directly combatting climate change but it was passed by a centrist liberal doling out pork barrel projects to a moderate conservative so i understand why leftists feel insecure about it

I didn't say what he was right about... Mainly his point on insulin.