geneva_convenience@lemmy.ml to Technology@lemmy.ml · 2 years agoEU to Impose Tariffs Up to 45% on Chinese Electric Vehicleswww.bloomberg.comexternal-linkmessage-square62linkfedilinkarrow-up1156arrow-down13
arrow-up1153arrow-down1external-linkEU to Impose Tariffs Up to 45% on Chinese Electric Vehicleswww.bloomberg.comgeneva_convenience@lemmy.ml to Technology@lemmy.ml · 2 years agomessage-square62linkfedilink
minus-squareAndromxda 🇺🇦🇵🇸🇹🇼@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1arrow-down8·2 years ago they can subsidize EV manufacturing to the same degree Meaning that we would either have to increase tax rates or borrow more money? Wow, what a great solution.
minus-squarepotatopotato@sh.itjust.workslinkfedilinkarrow-up17·2 years agoOr not subsidize oil and gas to the tune of ~$20 billion/yr and corn at $2.2 billion/yr and redirect that towards EVs.
minus-squarebuzz86uslinkfedilinkarrow-up6·2 years agoYeah I find it a ridiculous parallel I recently saw an article that put a number on Chinese EV subsidies and it seemed extremely low compared to the barrels of money we’ve been giving the oil companies.
Meaning that we would either have to increase tax rates or borrow more money? Wow, what a great solution.
Or not subsidize oil and gas to the tune of ~$20 billion/yr and corn at $2.2 billion/yr and redirect that towards EVs.
Yeah I find it a ridiculous parallel I recently saw an article that put a number on Chinese EV subsidies and it seemed extremely low compared to the barrels of money we’ve been giving the oil companies.