this post was submitted on 01 Oct 2023
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[–] scarabic@lemmy.world 2 points 1 year ago

I don’t know why you think government subsidies exist - so impoverished single moms can build power plants? No. They’re pork for billionaires by design, to get them off their asses and steer them into directions we want to go. Like venture capital, they are also high risk. Our federal budget can support some level of this and it’s frankly needed to drive change in new or stalled industries where the motive for immediate profit isn’t strong enough to overcome the cold start problem. If your hatred of billionaires keeps you from making smart energy choices to address climate change, then your priorities are wrong.