Rent seeking businesses sad about withdrawal from climate deal

Jay Caruso:
Idiot CEO’s Lament The Government Will Not Force Them To Do Something

They’re not idiots. It’s not the government mandate they want. It’s the government subsidies and government tax breaks they want. They gave away their hand by saying that despite the United States withdrawing from the Paris agreement, they’re going to move forward with their work. That’s a tell and all it means is they’re dejected they’re going to do the same thing but without government welfare to help them along.
They are definitely the rent-seeking class.  Elon Musk has garnered over $4billion in government subsidies.  But the mandates are not without consequences to the free market.   It would force their competitors to focus more energy on inefficient energy rather than pursue more effective solutions to producing it.


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