Subsidies: The Mother’s Milk of Corporatism and Grifting
Publisher and Editor, Energy Transition Absurdities
[Editor’s Note: The big lie is that green energy is getting cheaper all the time, but the truth is that none of these schemes are profitable all. They depend on your subsidies.]
Everyone should read and think about a story published Monday by Reuters. The story details a project by OCI to “invest” $1 billion in a Texas plant to manufacture “low carbon ammonia” for use in the making of fertilizers, and its bet on a multi-national government subsidy scheme to make it all work.
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