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> Their business model may have a slight problem. Oil is subsidized to a much higher amount by the US government
by fao_ 2y ago
> Their business model may have a slight problem.
Oil is subsidized to a much higher amount by the US government
- jandrese 2y agoYeah, but that subsidy is not likely to disappear in 2 months.
- HPsquared 2y agoSubsidized in what way? I've heard many dubious things in the UK / EU called "fossil fuel subsidies" when it's mostly generic things like electricity having a lower VAT rate than the usual 20% (or whatever) on most consumer goods. This is the sort of thing that gets called a fossil fuel subsidy. I think a lot of these things are grasping at straws.
- deleted 2y ago[deleted]
- lotsofpulp 2y agoThe top subsidy of fuels that emit carbon emissions is the externalities experienced by future generations. Not really measured in numbers, it will just be a change in quality of life.
- sourdoughness 2y agoThat is an extremely interesting and potent way of phrasing it - thank you!