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I think that the lack of pollution taxes is the main subsidy, but it should not be brushed aside just because it is not a direct payment. Coal emissions (not ju
by sacred_numbers 5y ago
I think that the lack of pollution taxes is the main subsidy, but it should not be brushed aside just because it is not a direct payment. Coal emissions (not just CO2) are really, really bad and kill many thousands of people every year. Imagine if the main source of organ transplants was kidnapping young people and stealing their organs. Now imagine that the government knew who was doing the kidnapping and just let them do it because it allowed for an abundant supply of cheap organ replacements. Not to mention, all of the kidnappers would be out of a job if the government cracked down.
Coal power was probably a net benefit in the beginning, but there are much better alternatives now.