this post was submitted on 15 Dec 2024
274 points (98.2% liked)

Ask Lemmy

27210 readers
2310 users here now

A Fediverse community for open-ended, thought provoking questions


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


6) No US Politics.
Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 day ago (2 children)

There's too much money in renewables for rich people. The tariffs may or may not happen, but the renewable switch is a runaway train, and almost entirely in the country.

On the electricity futures market, wind producers regularly sell their power for negative prices (paying transmission companies to take their power) because it's so cheap for them to make, with such negligible overhead; since the government subsidies are based on the mWh they produce, they can sell it at a loss and still make money. But even if those subsidies go away, renewables can still easily undercut every other producer on the grid.

That's just one example. The same tipping point is approaching fast all over just about every industry. Obama and Biden got the renewable energy industry over the hump of research and infrastructure outlay, so now Tr*mp gets to take the credit for their work while it all falls into place; and because the rich people are benefiting from it financially, they're going to protect the industry.

[–] [email protected] 3 points 1 day ago* (last edited 1 day ago)

The tariffs may or may not happen

The 100% tariffs on Chinese EVs already happened in September. Joe Biden announced them in May and they kicked off already. I don't expect Trump to change anything with that.

[–] [email protected] 1 points 1 day ago (1 children)

I'm talking about batteries, specifically. And the US is decades behind on batteries.

[–] [email protected] 1 points 1 day ago* (last edited 1 day ago)

Definitely true, though Elon paid enough money to Trump that he's probably going to make sure there's a cutout in any tariffs for Tesla's batteries (which are largely made by CATL in China). Besides, cheap power means that even with tariffs raising the prices of batteries, BEVs are still going to be worth driving.