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climate·Climatebysilence7

Stellantis and Samsung Will Get $7 Billion to Build Battery Factories

The Biden administration expanded its efforts to lock in its climate policies on Monday, saying that it would lend almost $7 billion to help build battery factories in Indiana to supply vehicles made by Stellantis, the owner of Jeep, Chrysler, Dodge and Ram.

Stellantis and Samsung Will Get $7 Billion to Build Battery Factorieshttps://www.nytimes.com/2024/12/02/business/stellantis-samsung-biden-loans-ev.html?unlocked_article_code=1.ek4._JGz.PRZ2Z5NVskPhOpen linkView original on slrpnk.net
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5 replies

Damage
feddit.it

Yeah 'cause they need it, poor widdle gigacorporations

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MrMakabarreply
slrpnk.net

The problem is that there are a lot of fossil fuel subsidies as well. It would be better to cut those, but try to lobby for that.

12
MrMakabarreply
slrpnk.net

In this case absolutly. However not all green subsidies are like that.

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Stellantis and Samsung Will Get $7 Billion to Build Battery Factories | Spyke