Brookswood
Senior Member
Government subsidies of ”green” technology is probably not doing much to lower carbon emissions.Green-energy subsidies, in the first instance, subsidize extra fossilfuel consumption to produce battery minerals, wind turbines and solar panels. U.S. policies particularly incentivize oversize SUVs whose net emissions are greater than any gasoline- fueled miles they could possibly displace.
When Washington spends hundreds of billions to lure some drivers to use EVs, guess what? It ends up making gasoline cheaper and more available for other consumers around the world to use.
Studies have found that most new green energy does not replace energy from fossil fuels. Rather it provides more energy for people to consume.
What worked to reduce carbon emissions? A carbon tax. The financial incentive to reduce carbon emissions is what makes people reduce them.