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Biden to block oil drilling across 625 million acres of U.S. waters
(www.washingtonpost.com)
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this post was submitted on 05 Jan 2025
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A lot fewer people would be demanding oil if they could get a cheap EV, but Biden slapped 100% tariffs on those.
This isn't one and done, nor is it a small item. You reallllly want to build up your own industry. Then see if you can dominate the world in one way or another.
Given how important climate change is, we really don't want to wait to build up our own industry, especially when the entrenched interests prefer to drag that out as long as possible to maximize profits on existing fossil fuel tech. After all, the US had just as much time (in fact more) to build up that industry as China yet look at where we are compared to them.
I was always on the side of saving the legacy manufacturers since entire supply chains affect so many people and have a huge impact on our national economy. We want them to succeed. They clearly don’t. They’d rather sow FUD while denying reality to eke out more profitable quarters than to invest in the transition to new technology. They’ve had their chances. Over and over.
Fuck it then. Ditch ‘em
Chinese imports 1) would bankrupt american industry, and 2) wouldnt solve it anyway because this is not one and done. Like really, this is not a small or simple thing. We need massive industry to solve this, the entire world needs to switch. There is enough demand for all countries to ramp up (or switch over) their own companies.
China had 1) pollution out the ass, they knew they needed it, and 2) new companies. In the grand scheme of things they are still ramping up their car ownership levels. So they had the choice of a) making a new ICE plant which would eventually switch to EV anyway, or b) a new EV plant The choice was simple.