We're Not Even Close to EVs Being as Cheap as Gas Cars, Mercedes Says

Re:We're Not Even Close to EVs Being as Cheap as Gas Cars, M... by AnimalMuppet on Monday April 04, 2022 @11:21PM (#30914961)

And it's a valid point. Your phrasing just sounded like the "companies should be a free source of money for our grand, expensive plans" school of economic insanity, and I reacted to that, rather than to what you were really saying.

To your actual point, I have an honest question: Is electricity subsidized? Do you have a figure for total subsidies, worldwide?

Note that much of the investment in renewables has been subsidized, though that's probably a one-off at installation rather than an annual amount. It would have to be pro-rated over the expected lifetime of the installation.

[ Parent | on HN ]

Re:We're Not Even Close to EVs Being as Cheap as Gas Cars, M... by DoingIsLearning on Monday April 04, 2022 @11:36PM (#30915050)

Electricity is indirectly subsidized in most countries through coal and gas subsidies (which are then used for generation).

There also countries where national grid and generation are state owned and there again a second tier of government financing exists.

[ Parent | on HN ]