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by tw04
1014 days ago
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^^Spot on, which is why "subsidizing" renewables is vital to our country's future. All the folks losing their minds are being short-sighted. While I agree in principle that the organizations should be paying their employees more, there's also the reality that China HEAVILY subsidizes their renewables AND has a lower base pay rate. Only one way to compete with that. |
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That seems like a silly conclusion. It might still be vital for your country's future to subsidise renewables, but it doesn't follow from the observation.
If China wants to spend taxpayer money to give foreigners cheaper renewables (or cheaper anything), that's nice of them, but doesn't mean anyone should imitate them.
If you have insufficient local workers for a task, and you are the US, you can always open the floodgates of (skilled) migration.
Also you don't need to subsidize renewables. That's a sore game of trying to pick winners and introducing extra bureaucracy. Instead you can hit the same policy goals simpler by taxing fossil fuels (or carbon emissions). Distribute the proceeds amongst all voters, if you want it to be revenue neutral.
With a tax, someone can react by just driving less (eg by moving closer to work) and benefiting from that choice. With a subsidy, you'd actively have to go and buy eg a subsidised electric car to benefit.