Spending money just so we can continue to spend what is already too much money burning oil, gas, and coal is not a plan at all unless you have an entity dumb enough to sink money in what is clearly a loss leading venture from day 1.

So, yes it could happen because the US government currently ticks that box already and lots of companies are benefiting from all sorts of subsidized programs to funnel tax money into the cause of destroying our planet as fast as we can. Basically, this would be a yet another tax funded effort benefiting big oil, much of the car industry, etc. It's so plausible because the same kind of things have been happening for decades already.

The question why anyone would pay for that kind of thing is indeed one that needs answering because the US seems to consistently end up with leadership actively promoting exactly these kind of things and there's an election coming up with a clear choice one way or another.