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TrueRignak t1_it8lxzf wrote

Reply to comment by ReturnToMonke234 in France's foreign minister voiced alarm Friday over a massive US climate spending package, saying it risked unfair competition, but said Europe did not want a green trade war by DoremusJessup

Green energy is good, but unfair competition is illegal as per the rules of the OECD (they can fund green energy, but they shouldn't use this funding to specificaly advantage US companies). The US usually doesn't care OECD's rules, UE does.

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ReturnToMonke234 t1_it8nmrr wrote

>they shouldn't use this funding to specificaly advantage US companies

Isn't it America's money though? Are they not allowed to subsidise domestic green tech companies too much or other countries will get mad?

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torridesttube69 t1_it8pc3c wrote

You aren't asking a question that he hasn't already answered. No, you can't according to the law

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Da_Vader t1_it8t84o wrote

Only if the domestic companies export subsidized products at a cost disadvantage to unsubsidized European manufacturers.

Right now all production will be for domestic consumption. But American companies will have superior technology over time such that in the future, they will be able to out bid other foreign competitors.

Same thing happens for US defense spending, but that, of course, they don't mind. At all.

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ReturnToMonke234 t1_it8tdqx wrote

Thanks for the completely useless and asinine response.

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torridesttube69 t1_it8tr05 wrote

I just answered your question? What exactly were you expecting? I am genuinely curious

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