Niko Lusiani
@nikolusiani.bsky.social
Frmr Director, Corporate Power @ RooseveltInst. Tax, corp gov, anti-trust & the energy transition. Corp financial analyst & watchdog. Post-Boomer, pre-Doomer. Hecho en Califas. Writing new book on the public origins of corporate value. => nikolusiani.org
Financing differences are key. Fossil sources are cheaper to finance over the asset life, and capex needs are less. And even though fossil projects offer much, much higher operating costs, utilities can simply pass those on to customers.
November 20, 2024 at 5:20 PM
Financing differences are key. Fossil sources are cheaper to finance over the asset life, and capex needs are less. And even though fossil projects offer much, much higher operating costs, utilities can simply pass those on to customers.
Over 2,500 gigawatts of potential renewable energy projects are stuck in interconnection queues. That's nearly double the US's entire current electric generation capacity—wasting time, money, & our chance to decarbonize. 🔌
Implementing even 1/3 of that would be game-changing.
Implementing even 1/3 of that would be game-changing.
November 20, 2024 at 5:20 PM
Over 2,500 gigawatts of potential renewable energy projects are stuck in interconnection queues. That's nearly double the US's entire current electric generation capacity—wasting time, money, & our chance to decarbonize. 🔌
Implementing even 1/3 of that would be game-changing.
Implementing even 1/3 of that would be game-changing.
Hiking the taxes of uber-wealthy & large corps isn't just about revenue, fairness or politics.
Most US billionaires owe their fortunes to the monopolistic corps they control.
Pres Biden's tax proposals would also reverse this by making the US economy more dynamic, less dynastic & more innovative.
Most US billionaires owe their fortunes to the monopolistic corps they control.
Pres Biden's tax proposals would also reverse this by making the US economy more dynamic, less dynastic & more innovative.
November 20, 2024 at 5:20 PM
Hiking the taxes of uber-wealthy & large corps isn't just about revenue, fairness or politics.
Most US billionaires owe their fortunes to the monopolistic corps they control.
Pres Biden's tax proposals would also reverse this by making the US economy more dynamic, less dynastic & more innovative.
Most US billionaires owe their fortunes to the monopolistic corps they control.
Pres Biden's tax proposals would also reverse this by making the US economy more dynamic, less dynastic & more innovative.
"Redirecting the river of cash from shareholder compensation (in the heat pump market) to increases in production and labor productivity would have a significant multiplier effect on the IRA’s goal of reducing carbon emissions from homes." 💯
November 20, 2024 at 5:20 PM
"Redirecting the river of cash from shareholder compensation (in the heat pump market) to increases in production and labor productivity would have a significant multiplier effect on the IRA’s goal of reducing carbon emissions from homes." 💯
FDR warned of SCOTUS becoming a "super-legislature," rendering gov't "impotent". Whatever the eventual outcome in Moore, democracy and the Constitution require that the American people determine the future of tax policy. 12/
November 20, 2024 at 5:20 PM
FDR warned of SCOTUS becoming a "super-legislature," rendering gov't "impotent". Whatever the eventual outcome in Moore, democracy and the Constitution require that the American people determine the future of tax policy. 12/
Justice Alito alone, according to his financial disclosures, owns shares in over a dozen corps which could benefit enormously. For example, he owns stock in Johnson and Johnson, a company that could get a $10 billion refund if Alito and his colleagues rule in its favor. 7/
November 20, 2024 at 5:20 PM
Justice Alito alone, according to his financial disclosures, owns shares in over a dozen corps which could benefit enormously. For example, he owns stock in Johnson and Johnson, a company that could get a $10 billion refund if Alito and his colleagues rule in its favor. 7/
Speaking of shareholders, we also uncover serious conflicts of interest in Moore. The justices that might determine the outcome of the case have direct ownership stakes in a number of companies that could tougher receive a $30 billion tax windfall from their ruling. 6/
November 20, 2024 at 5:20 PM
Speaking of shareholders, we also uncover serious conflicts of interest in Moore. The justices that might determine the outcome of the case have direct ownership stakes in a number of companies that could tougher receive a $30 billion tax windfall from their ruling. 6/
Why does the Moore case matter to you?
November 20, 2024 at 5:20 PM
Why does the Moore case matter to you?
Key here: the corps set to benefit from this sort of ruling in Moore are precisely the US multinationals that have aggressively shifting profits offshore for decades. Not a generalized tax cut here, but heavily concentrated in just 3 sectors: tech pharmaceutical, and finance. 4/
November 20, 2024 at 5:20 PM
Key here: the corps set to benefit from this sort of ruling in Moore are precisely the US multinationals that have aggressively shifting profits offshore for decades. Not a generalized tax cut here, but heavily concentrated in just 3 sectors: tech pharmaceutical, and finance. 4/
We zero in on what corps would benefit from SCOTUS striking down one provision: the transition tax or repatriation tax. We identified almost 400 multinationals that would be granted $271 billion in tax relief if the court rules this tax unconstitutional for corps. 3/ Top 5 alone:
November 20, 2024 at 5:20 PM
We zero in on what corps would benefit from SCOTUS striking down one provision: the transition tax or repatriation tax. We identified almost 400 multinationals that would be granted $271 billion in tax relief if the court rules this tax unconstitutional for corps. 3/ Top 5 alone: