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No, I don't think that's the case. Governments can influence what the market does using incentives and funding, without anyone making sacrifices. Fund climate-f
by coldpie 3y ago
No, I don't think that's the case. Governments can influence what the market does using incentives and funding, without anyone making sacrifices. Fund climate-friendly research, fund deployment of renewable energy, subsidize EV cars and charger deployment. This work creates a ton of jobs, advances our tech and research capabilities, and puts us in a good position to help transition other economies around the world. None of that is a sacrifice: cars get cheaper, energy gets cheaper, jobs are created, tech improves, and we don't have to pay trillions of dollars in environmental damage every year.
- sokoloff 3y ago“Fund, fund, subsidize, and subsidize” contain embedded sacrifices for someone*. (If they didn’t, we’d fund and subsidize even more than we currently do, by an enormous margin.) * In this case, the sacrifices come from competitors/substitutes to the things being funded or subsidized, consumers who are ineligible for a particular subsidy program (but for which the demand is increased for the product by those eligible), and of course, often from net taxpayers.
- 7thaccount 3y agoAlso from inflation.