Comment on Why doesn't the capitalist economy invest in cheap renewable energy?

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ujeenator@lemm.ee ⁨4⁩ ⁨days⁩ ago

Did you actually listen to the video? They explicitly mention that capitalist countries do subsidize renewable energy, but it’s unreliable due to political fluctuations. Subsidies can be abruptly discontinued with a change in administration (e.g. like new US administration cuts funding). The main point of the video is the investment behavior of energy companies regarding renewable energy, and why, from a Return on Investment perspective, renewables are still not competitive.

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