Elon Musk
👤 PersonAppearances Over Time
Podcast Appearances
So really, the right course of action is actually just the reasonable course of action, which is to lean in the direction of sustainable energy.
So really, the right course of action is actually just the reasonable course of action, which is to lean in the direction of sustainable energy.
and lean in the direction of a solar battery future and generally have the rules of the system lean in that direction.
and lean in the direction of a solar battery future and generally have the rules of the system lean in that direction.
I don't think we need massive subsidies, but then we also shouldn't have massive subsidies for the oil and gas industry.
I don't think we need massive subsidies, but then we also shouldn't have massive subsidies for the oil and gas industry.
Okay.
Okay.
So the oil and gas industry has massive tax write-offs that they don't even think of as subsidies because these things have been in place for, in some cases, 80 years.
So the oil and gas industry has massive tax write-offs that they don't even think of as subsidies because these things have been in place for, in some cases, 80 years.
Um, but they're not there for other industries.
Um, but they're not there for other industries.
So when you've got a special tax conditions that are in one industry and not another industry, I call that a subsidy.
So when you've got a special tax conditions that are in one industry and not another industry, I call that a subsidy.
Obviously it is, but they're taking it for granted for so long in oil and gas that they don't think of it as a subsidy.
Obviously it is, but they're taking it for granted for so long in oil and gas that they don't think of it as a subsidy.
Um, so the right course of action, of course, is to remove, in my opinion, to remove subsidies from all industries.
Um, so the right course of action, of course, is to remove, in my opinion, to remove subsidies from all industries.
But the political reality is that the oil and gas industry is very strong in the Republican Party, but not in the Democratic Party.
But the political reality is that the oil and gas industry is very strong in the Republican Party, but not in the Democratic Party.