• Scubus@sh.itjust.works
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    3 months ago

    By offering to subsidize r&d into Green tech, as well as subsidize the development and deployment of that tech, the tech becomes more economically viable than fossil fuels, assuming you don’t subsidize them. Companies will switch to the most economically feasible option, that’s just how capitalism works. Biden doesn’t have the ability to just outlaw fossil fuels, so the most he can do is push the economics towards Green tech.

    And thanks for the source, it seems your claim is correct.

    • eldavi@lemmy.ml
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      3 months ago

      By offering to subsidize r&d into Green tech, as well as subsidize the development and deployment of that tech, the tech becomes more economically viable than fossil fuels, assuming you don’t subsidize them. Companies will switch to the most economically feasible option, that’s just how capitalism works. Biden doesn’t have the ability to just outlaw fossil fuels, so the most he can do is push the economics towards Green tech.

      the subsidies i referenced have nothing to do with green tech and predate that push by decades.

      • Scubus@sh.itjust.works
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        3 months ago

        I have to go to work and don’t really have anything else to comment, so I’ll leave by saying that I appreciated having a civil discussion with you. I’ll also say that I’m noticing you are getting downvoted but no one else seems to be responding, which frustrates me. I get that it’s easier to just downvoted opinions you don’t agree with, but it’s more productive to have civil conversations I feel.

        • eldavi@lemmy.ml
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          3 months ago

          the lemmyverse was created by leftists to be a safe space for leftists views, but lemmy.world doesn’t tolerate leftists views well; it’s the oddball of the lemmyverse and it’s to be expected.