this post was submitted on 28 Dec 2023
948 points (97.8% liked)
Technology
59473 readers
5114 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Or oil and coal, propping up bad energy sources while the clean ones have to often fend for themselves and compete against the subsidies.
Or oil and corn and meat and dairy.
The four elements of power.
They do get subsidized pretty well, which is a good thing in my book.
https://www.reuters.com/business/energy/us-doubles-renewable-subsidies-156-billion-last-seven-years-eia-2023-08-02/#:~:text=Fuel-,US%20doubles%20renewable%20subsidies%20to%20%2415.6,last%20seven%20years%2C%20EIA%20says&text=Aug%202%20(Reuters)%20%2D%20U.S.,report%20released%20on%20Tuesday%20showed.
Not as much as it needs to to compete fairly with the $7 trillion for fossil fuels. The fact they still can compete is great though. It shows how dead fossil fuels should be even if it was just left up to capitalistic mechanisms. Sadly the government interferes in the market in a bad way often for this.