this post was submitted on 28 Dec 2023
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[–] NaibofTabr@infosec.pub 181 points 10 months ago (16 children)

In case you're ever wondering, this is an example of your tax dollars at work. Thirty years ago solar and wind generation had to be heavily subsidized with government grants to make them viable in the energy market. Now the technology of both has advanced to the point that it's undercutting all of the other forms of electricity generation, without subsidization.

Government subsidies work. They're effective for getting new technologies off the ground.

[–] paraphrand@lemmy.world 37 points 10 months ago (6 children)

They are great. As long as they don’t end up like corn.

[–] Cethin@lemmy.zip 40 points 10 months ago (4 children)

Or oil and coal, propping up bad energy sources while the clean ones have to often fend for themselves and compete against the subsidies.

[–] F_Haxhausen@lemmy.world 14 points 10 months ago (1 children)

Or oil and corn and meat and dairy.

[–] paraphrand@lemmy.world 13 points 10 months ago

The four elements of power.

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