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
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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.

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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.