Re:Don’t Call Me a Pessimist on Climate Change. I Am a Realist
by harryh on Tuesday November 12, 2019 @10:31PM
(#21520962)
That's a pretty interesting stat.
Though the renewables subsidy doesn't look as generous if you compare things in % of GDP terms.
Re:Don’t Call Me a Pessimist on Climate Change. I Am a Realist
by dwd on Tuesday November 12, 2019 @11:32PM
(#21521198)
It would be interesting to see the amount of carbon reduction that 7 billion in annual subsidies generates compared to what you would get investing it in replacing coal plants with the equivalent pumped hydro.
The current US Government investment seems pretty small.
The US currently subsidies renewables at about $7 billion annually.