this post was submitted on 06 May 2024
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[–] partial_accumen@lemmy.world 6 points 6 months ago (1 children)

This is only a concern for EV companies. The environmental impact of these subsidies and regulations is nill

Got a source to back up your claim?

Here's one contradicting it:

Gasoline demand growth to slow this year on EV growth in China, U.S.

"Penetration of electric vehicles has been increasing in U.S. and China," said Woodmac analyst Sushant Gupta.

Both the USA and China subsidize EV sales (and also petroleum exploration and extraction for that matter).