trboyden
Joined 6 years ago
Joined 6 years ago
US GDP is currently 21.43 Trillion dollars.
7% of that is 1.5 Trillion dollars.
The 2020 Federal budget was 4.79 Trillion dollars.
So, pensions are roughly a quarter of federal government spending every year and growing.
[1] https://reason.org/policy-brief/how-much-gas-tax-money-state...
[1] https://www.eia.gov/totalenergy/data/browser/index.php?tbl=T...
But you have to look at the decaying grid as well (another plus for Natural Gas because you could afford to do both). A lot of the power generation is lost in the grid. If you invested there, the current generation facilities could operate more efficiently and you could shutdown the dirtiest/least efficient ones over time.
[1] https://finance.yahoo.com/news/natural-gas-fired-power-plant...
[2] https://www.eia.gov/totalenergy/data/browser/index.php?tbl=T...