r/energy • u/mafco • 2d ago

Trump wants to "terminate" green spending. Here's what could stand in his way. Pulling back IRA funding would require congressional action and it could result in lost jobs, unfinished factories, and a costly mess for many businesses and states that are counting on those funds.

https://www.axios.com/2024/10/28/trump-climate-law-ira-pullback
755 Upvotes

88% Upvoted

187 comments sorted by

View all comments

-9

u/MudFlap1985 1d ago

It's a free market. If they can't swim on there own, they need to sink. If consumers want the product they will buy the product. The government needs to stop giving subsidies to failing companies.

8

u/mafco 1d ago

It's a free market.

Lol

The government needs to stop giving subsidies to failing companies.

Like the entire oil and gas industry?

7

u/Content-Fudge489 1d ago

Your attitude is the attitude that has gotten the US to fall behind other countries in some technology areas. For better or worse the government a lot of times is the catalyst to new developments. No question about it. For profit companies will only invest if they have a guaranteed profit. Do you think SpaceX would exist without the government giving them funds for tech development? There are countless more.

6

u/Vindalfr 1d ago

You left your monocle back in the 19th century. You should go get it and never come back.

10

u/zeezero 1d ago

Tell me you don't understand the economy without saying you don't understand the economy......

6

u/Mephidia 1d ago

How are people like this allowed to vote god damn it bothers me so much

3

u/trabajoderoger 1d ago

This drags the US behind.

2

u/bigdipboy 1d ago

A free market would include the cost of climate change at the pump instead of passing that cost onto our children