376
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 May 2024
376 points (96.1% liked)
United States | News & Politics
7212 readers
477 users here now
founded 4 years ago
MODERATORS
Steel I get. That's an environmental issue since US creation is way more carbon friendly. However the rest makes no sense without an announcement in domestic investment that is pulled from currently used non-environmental budgets.
They already put 6.1 billion into domestic silicon fabs this year and gave out a $362 million dollars loan to bolster domestic EV production while giving the solar industry 7 billion in grants.
And did that money go directly into production?
Or did it pad some folks pockets?
Here's some highlights from the sources I put in the original comment since you can't be asked to open them...
The official source for the solar for all does have a broken link which is supposed to direct you here where it explain each of the 60 grants that were issued.
To awnser your question, production.
It's cool how you just take them at their word.
But my point is that none of this is being done efficiently. Instead, middlemen siphon money from the project to pad their pockets and stretch out the timelines for completion. I won't be surprised if some of these projects go over budget, over time, or need additional funding.
Wake me up when these projects complete. Then we can look at how much they really cost and how long it really took and how much they really produce.
Love how you slide them goalposts around
The money does not go directly to production, that's the goal post. It goes through a dozen people's hands before the ground is ever broken on one of these projects, and every one of those hands takes their cut to pad their pockets. That was my point.
Located in texas isnt likely to sit well with baron von abbott and his henchmen
yes
Wait we gave the Auto industry money for EVs and 50k SUVs were the result? Holy shit, that's right up there with giving 4 billion to the telecoms for no actual network expansion.
This is helpful, thank you.
No nearly enough to fight the petroleum machine.
Pretty sure the steel tariff is a bad thing too. There are certain grades of steel that just aren't produced in the US. People threw a fit over it when trump did the same thing.