this post was submitted on 23 Jul 2023
776 points (99.6% liked)
Showerthoughts
29233 readers
564 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- Posts must be original/unique
- Be good to others - no bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia
- Adhere to Lemmy's Code of Conduct
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Lol capital is shifting non-green companies to be more sustainable, not the other way around.
Government subsidy is the driving force behind green technology. Capital has done everything in it's power to fight it to protect its O and G investments. Capitalism is an anti-innovation machine.
Someone should tell capital that: https://www.gsam.com/content/gsam/global/en/market-insights/gsam-connect/2022/Green_Capex_Capturing_the_Opportunities.html
https://www.imf.org/en/Blogs/Articles/2019/10/10/Blog-connecting-the-dots-between-sustainable-finance-and-financial-stability
But what do I know I only work in an industry with a fuckload of green capital investment
An industry which sucks up government subsidy. An industry which would have never got off the ground without that subsidy. I guess you're the real socialist considering your industry wouldn't exist without all those government dollars, lol.
So wait capital is defined as "government subsidies?" You sure you're not a capitalist?
Unironically, you know who gets too many subsidies? Small farmers. Kill the farm bill.