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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]

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[–] [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.

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