2min chapter

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Subsidies Everywhere All at Once - Ep126: Marco Alverà

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The Impact of the Carbon Subsidy on the Economy

For every kilo of hydrogen sold in Europe you're getting six dollars of US taxpayers money. This is the most efficient process at hovering subsidies out right along the value chain from the US to Europe or it makes a very bad business because it absolutely puts it in the crosshairs of various regulators. No sustainable business has ever survived on subsidies. They're too risky they can be changed they can be cut off. And I don't think there will be hundreds of projects that will get the subsidy but once a project this sanction with that subsidy locked in that's that's what's happening.

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