I think the main problem is a lot of them are already entrenched in the fossil fuel market and most of the people holding the money aren’t the entrepreneurial types because all the wealth is inherited so they’d rather just hold onto their existing property and fight to keep it relevant than start again somewhere else. It’s dumb though because yeah it’s free money printing. Am I assessing this right?
Right. There’s not as much money in renewables, so there’s less lobbying.
I mean… Isn’t there though? You do a one time investment, and then you earn money for 20 years with negligible operating costs.
Shouldn’t every capitalist get a priapism from this idea?
I think the main problem is a lot of them are already entrenched in the fossil fuel market and most of the people holding the money aren’t the entrepreneurial types because all the wealth is inherited so they’d rather just hold onto their existing property and fight to keep it relevant than start again somewhere else. It’s dumb though because yeah it’s free money printing. Am I assessing this right?