this post was submitted on 30 Jan 2024
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Not really. It's mainly about gaining market dominance on a technology they think is the future. They'll build them right next to the massive coal plant alongside a million other things they're subsidizing.
Even if its not some altruistic reasons, they still are literally subsidizing this emissions reducing technology.
Tho they are also going pretty ham on subsidizing renewable energy too.
You won't be saying that once the market crashes. You'll realize that there are much better ways of spending that money. Like far more practical emissions reducing solutions.
How do subsidies=crash, and what are more effective emissions reductions solutions than renewable energy and electrifying transit?
You’re better off spending it on stuff like mass transit and the like. It won’t just all disappear at some point in the future.
And we could be doing the same if we ditch big oil subsidies.