Ya all these people complaining have no clue how these sorts of compensation packages actually work.

If someone is dumb enough to think their yearly RSU compensation is set in stone and uses it in their budgeting/financial decision making, that’s on them. Everyone I know just lives off their base and counts bonuses/RSUs as an investment/gravy for the future.

Did I say that anywhere in my posts? Please show me where I said that.

My only point was that Reddit likes to paint Texas with the broad brush that they’re this super conservative devil state against anything progressive, when in reality, if you look at the actual numbers, Texas has had massive amounts of investment in renewables and generates the most renewable energy in the country.

Just tired of the BS black and white hive mind on Reddit that lacks any sort of nuanced thinking. You can hate Abbott and the things he’s trying to do in the state while also stepping back to understand that Texas as a state is doing a great job of developing renewable energy infrastructure and should be supported in doing so.

That’s because the original premise comes from the same old Reddit BS that the state of Texas is just a bunch of right wing nut jobs and is against anything progressive. The burden of proof is on OP to actually provide that evidence instead of parroting everything that gets said in every reddit thread. My rebuttal was actual data saying that there is actually a ton of renewable investment in Texas, and if Texas was as bad as Reddit wants to perpetuate, there wouldn’t be the massive amount of investment there is. If the most powerful people in the state are working so hard to discourage and ban renewables, then why does there continue to be a massive amount of investment in renewables in the state?

https://www.utilitydive.com/news/texas-clean-energy-bechtel-solar-hydrogen-construction/638739/

Reddit is so committed to the narrative that Texas is this terrible right wing devil that it refuses to look at actual data.

When it comes to fossil fuel “subsidies” that Reddit loves to bitch about, read up on what they actually are:

https://www.eesi.org/papers/view/fact-sheet-fossil-fuel-subsidies-a-closer-look-at-tax-breaks-and-societal-costs

Focusing on oil and gas, there’s two main direct subsidies received - intangible drilling credits and percentage depletion. These are “subsidies” or more accurately tax write offs similar to write offs any business in any industry would get. Intangible drilling credits just let the company write off part of their capital investment in drilling wells, which is the same as if an airline used capital to buy airplanes, that’s a write off against their profits.

The percentage depletion is also an accounting method that is used in many industries, like if a company built a factory producing goods, they depreciate that over a certain period of time, which is again a write off on taxes.

Then you have the indirect subsidies, which are again just the same accounting practices any company in the US would use.

So please use actual data to show my how my argument is actually shite instead of pulling a couple of clickbait articles and ignoring what Texas is actually doing in practice.

Oh man, do I love when I strike this nerve. You can tell that people have no actual knowledge, so they just resort to comments like this instead of being able to have an informed discussion about this stuff.

Nice, I struck Reddit’s nerve where they don’t have a rebuttal to actual data, so people just downvote and come up with generalizations. Why are you so against actual data, and just use clickbait articles to further your confirmation bias? Don’t you realize that’s exactly what the “other side”, who you hate so dearly also does?

You’re completely moving the goalposts on the argument at hand. Again, the fact remains that investment in renewables in Texas is very healthy and has contributed to the state generating more power from renewables than any other state. That doesn’t happen if you believe same old Reddit’s tired tropes that Texas is the right wing devil determined to destroy everything progressive. If all these super powerful people in the state are actively anti-renewable and discouraging development of renewables in Texas, why is it so prominent and continuing to grow?

And since you brought it up, please educate us on what those fossil fuel “subsidies” actually are and how they work. I think if you were to actually educate yourself on the mechanism with which these “subsidies” work, you’d realize that again, Reddit parades out the same BS uninformed information over and over.

Spoiler alert, people like to call any sort of tax break for oil and gas companies a “subsidy” so they can perpetuate their narratives. Many of these tax breaks are the same sort of tax breaks that any business in any industry gets. I’ll give you an example, say you start a business that manufactures doorknobs. You build your own factory that manufactures those doorknobs and start selling them. Businesses generally get to write off the cost of building that factory as a capital expenditure against their profits. That’s not a subsidy in the way most people think about subsidies. But when it comes to oil and gas, people want to further their narratives, so they lump in capital investments and call it a subsidy.

That’s a dumb response. The fact that they have the most power generation means they’ve had a massive amount of investment. It doesn’t matter whether they’re a large state or not.

Also, why do they have more resources? A huge part of that is because of the oil and gas industry, so are you saying that states that encourage oil and gas development also have the ability to fund more renewable energy projects? That doesn’t seem to fit Reddit’s narrative.

Finally, 14th highest out of 50 seems pretty damn good for a state that Reddit paints as the right wing devil that hates anything progressive.

It depends how you look at the adoption rate. Texas has been and will continue to be (at least in the short to medium term) very oil and gas friendly because it contributes a massive amount to their economy.

So is Texas going to go out of their way to ban oil and gas to prop up renewables, like California? Hell no. They’re going to continue encouraging investment in an industry that has allowed them to become the second biggest economy in the country. But they also aren’t going to discourage investment in renewables in the state because any investment in the state is a good thing.

Edit: Since you edited your post to add that last question - I am not from Texas, I just choose to try and actually educate myself instead of parroting the same BS everyone posts in every Reddit thread.

Did you read the articles you posted? Or just quickly google and paste headlines to match your narrative.

First article was super super weak. Just basically said that some people blamed renewables for the Texas power outage issues. Big whoop, politicians always trying to capitalize on public issues to score points by spouting BS. Happens all the time on both sides and Reddit eats it up.

Second article has a paywall, so doubt you even read it…

Third article just says that some utilities companies don’t want to compete with power being put back on the grid, so they’re trying to put tariffs in place. This one is sort of relevant to your argument, but again pretty weak.

At the end of the day, the actual numbers are what matters. Texas generates more renewable energy than any other state and Texas invests a hell of a lot of money into renewables (more renewable projects than any other state in 2021). You can’t argue with data, and you certainly can’t argue with hard data with pretty weak qualitative articles that aren’t much more than a couple of small cases that are turned into clickbait.

If you want to counter this argument with ANY data showing that Texas is reducing investment in any way or anything even close to that, I’m happy to listen, but I’m just tired of the same BS circlejerk on Reddit and no one actually wants to educate themselves, they’re just happy punching down to make themselves feel superior.

….people know that Texas generates the most renewable energy out of any state in the country, right? Or does Reddit just ignore everything that doesn’t fit the same tired Reddit narratives?