United States | News & Politics

7066 readers

269 users here now

founded 4 years ago

MODERATORS

[email protected]

375

President Biden announces a series of tariffs on green energy products from China. (lemmy.ml)

submitted 3 months ago by [email protected] to c/[email protected]

200 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 61 points 3 months ago (2 children)

You want Amerikkka to lead maybe subsidize EVs as well?

Why can't we all win? (Ide rather bus/rail and walkable cities)

[–] [email protected] 35 points 3 months ago (1 children)

The US government does subsidize EVs (it's the only reason Tesla can exist, for instance), the problem is that all their subsidies just get used for stock buybacks. Why would a privately-owned company actually create more factories? That's just not profitable.

The most rational system.

[–] [email protected] 12 points 3 months ago* (last edited 3 months ago)

The government does subsidize EVs.

Additionally even used EVs are subsidized.

Between federal and state tax credits, as well as utility company rebates, my folks just got over 5k back for a used Nissan leaf. They were able to trade in their old clunker, netting a profit of a few hundred dollars to upgrade to a practical used EV.