Don't really trust any news sources to explain a thing like this they'd be incredibly biased about, especially right near the midterms

I could bother to read it I guess but no fucking way I'm doing that I'll just read a star trek novel instead thanks

    • Parent [none/use name]
      ·
      2 years ago

      I wonder if companies will just raise their prices to match the subsidies. Like if you get a 5k tax break on solar panels won't they just raise the price by 5k so that the price for the end-user is the same but they get more profit?

      • CanYouFeelItMrKrabs [any, he/him]
        ·
        edit-2
        2 years ago

        If there is way more demand than supply then yeah then can just increase the prices. But that also means plans to build more solar panel factories and such will probably be accelerated

    • Commander_Data [she/her]
      ·
      2 years ago

      The EV credit thing is correct. All EV batteries are sourced primarily from China and the new credit requires most of the battery components to come from places that aren't China.