this post was submitted on 03 Sep 2024
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I don’t think that is wrong to subsidize research of new potential technologies that will help is control our carbon output… as long as we are also rapidly moving towards renewable energy.
Obviously most research runs into dead ends, but that doesn’t mean we should stop trying new things.
The article is poorly written and vague, but I think much of the money is subsidizing projects rather than funding research. Basically supporting Exxon (mentioned in article) and others in installing CCS systems on their refineries and power plants.