this post was submitted on 14 May 2024
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United States | News & Politics
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Steel I get. That's an environmental issue since US creation is way more carbon friendly. However the rest makes no sense without an announcement in domestic investment that is pulled from currently used non-environmental budgets.
They already put 6.1 billion into domestic silicon fabs this year and gave out a $362 million dollars loan to bolster domestic EV production while giving the solar industry 7 billion in grants.
Wait we gave the Auto industry money for EVs and 50k SUVs were the result? Holy shit, that's right up there with giving 4 billion to the telecoms for no actual network expansion.
This is helpful, thank you.
No nearly enough to fight the petroleum machine.
Pretty sure the steel tariff is a bad thing too. There are certain grades of steel that just aren't produced in the US. People threw a fit over it when trump did the same thing.