Doesn't the US give a load of subsidies to the oil industry already? I don't think they want to subsidise any other forms of energy.
I know it the Uk, diesel has seen a sharp decline due to issues about air pollution, and the government wants to completely phase out petrol cars (as well as diesel) by 2030(? - can't remember what year they said). That said, I'm not convinced they'll end up going through with it.
The US subsidizes petrochemicals because the resources give far greater value per price. Installing other sources of energy aside from maybe hydro is just worse value for their money ...
Subsidies only truly makes sense if it is cheap and maximizes savings so that takes intermittent sources like renewable's out of the picture since they don't provide great value. US companies developed shale extraction technology which was inline with the governments geopolitical interests of securing cheap enough energy independence so that they could thwart the regimes running OPEC and Russia ...
The US transitioning to renewable sources would run counterproductive to their geopolitical strategy since they don't want OPEC nations or Russia gaining power. In fact, the US would be very much happy to wage economic warfare against those regimes by making their oil fields less profitable or downright unprofitable. Don't you find it cute how modern warfare is about trying to make your hostile states poorer ?
Last edited by fatslob-:O - on 04 November 2018