In your parent post you said: "Liberals want to heavily tax fossil and subsidize renewable energy. Problem with that is that taxing fossil make life and the ec

In your parent post you said: "Liberals want to heavily tax fossil and subsidize renewable energy. Problem with that is that taxing fossil make life and the economy harder in the meantime and subsidizing often goes to cronies which is bad for innovation" Something to consider here is that taxing oil production or similar carbon emissions creating isn't really a tax. It's actually just reflecting the real cost of the activity. The problem with these industries is that they have externalities which are not reflected - some of their profits are created by a cost being put onto society. Nobody likes 'taxes', but I think everyone can agree that any activity should reflect it's true cost. Plus, if you step away from climate change for a moment everyone can see that the demands for energy are only increasing. Some of the new technologies around energy generation will be extremely profitable - whole new sectors. The USA has a strong tradition of supporting innovation and then reaping the rewards in private enterprises. So you might consider the "subsidies" as just priming innovation.