r/WallStreetBets vs. Gamestop For Renewable Energy(info.kotoo.earth) |
r/WallStreetBets vs. Gamestop For Renewable Energy(info.kotoo.earth) |
Also, the government permits can be printed out of thin air. If the government sees that the permits are not used, they can just pass an "emergency" act or something and create more.
https://info.kotoo.earth/hc/en-us/articles/360062548413-r-Wa...
With respect to government will make more permits - historically the government has reduced the number available (and does 3% each year by design) when they weren't used due to NG/coal switching (see 2014). If this goes completely nuts, then yes, the government would likely make more but the permits are still funding renewable energy so having it go nuts also spells doom for coal powerplants. It's like having coal powerplants match your investment in utility scale renewable energy:
https://en.wikipedia.org/wiki/Regional_Greenhouse_Gas_Initia...