Re:Solar and Wind to Top Coal Power in US for First Time in ...
by tim333 on Sunday December 17, 2023 @07:34AM
(#38672438)
>Subsidize...Subsidize...Subsidize...
There's a lot to be said for market pricing and letting smart startups find an optimum solution rather than politicians picking things to subsidise which is how you end up with corn subsidies and the like.
In this case for economic efficiency you need really a carbon tax, rather than subsidise this that or the other which may well be out of date by the time the politicians are done arguing.
At least if you actually want to reduce global co2 emissions that's the kind of stuff to do though you need global buy in. At the moment a lot of the actions are more feel good greenwashing and as a result global co2 emissions continue merrily upwards.
There's a lot to be said for market pricing and letting smart startups find an optimum solution rather than politicians picking things to subsidise which is how you end up with corn subsidies and the like.
In this case for economic efficiency you need really a carbon tax, rather than subsidise this that or the other which may well be out of date by the time the politicians are done arguing.
At least if you actually want to reduce global co2 emissions that's the kind of stuff to do though you need global buy in. At the moment a lot of the actions are more feel good greenwashing and as a result global co2 emissions continue merrily upwards.