Renewable energy projects in the US are still attracting overseas investors, despite the pullback on federal support.

cross-posted from: https://slrpnk.net/post/20608290

Despite a renewed effort to prop up the shrinking US coal industry, renewable energy projects keep on attracting global energy investors. The pullback on federal support for renewables still stings, but at least the folks overseas still believe there is money to be made from clean kilowatts in the US.

  • lordnikon@lemmy.worldEnglish
    7·
    10 days ago

    At this point market forces have spoken clean energy is a good investment. Regardless of how much the oil and coal industry stamp their feet and are now welfare queens to the orange idiot.

  • ShittyBeatlesFCPres@lemmy.worldEnglish
    4·
    10 days ago

    Fighting economics is a fool’s errand. People have tried it and believe me, I hear about it every time I say something nice about the Soviet Union or China. (I’m not a Tankie. My political leanings are “Scandinavian model” where I just want a safety net and recognize markets are a tool, not a goal. Plenty of ostensibly leftists were just authoritarian dipshits.)

    My Econ philosophy is partly based around Deng Xiaoping’s reforms, especially the “Household Responsibility System.” It wasn’t ideal but The world, for maybe the first time ever, consistently produced enough food ever year for no one to starve and distribution became the problem.

    • ShittyBeatlesFCPres@lemmy.worldEnglish
      3·
      10 days ago

      To the degree I defend the Soviet Union, it’s mostly about space and not Stalin being good. Even as an American, a tip o’ the hat for going from subsistence farms to Sputnik in less than a century.

      • ShittyBeatlesFCPres@lemmy.worldEnglish
        22·
        10 days ago

        I also would be better off if someone else chose how much bread and alcohol I was allocated. But that’s a personal issue and not something to build whole economic systems around.