The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr, China be sailin' ahead in the craft o' industrial policy faster than a sail be catchin' wind!

2024-05-27

Arr mateys! Fer over half a century, worries 'bout lack o' oil or a cursed climate have driven governments to seek out other sources o' energy. In th' 70s, President Jimmy Carter stuck solar panels on th' White House to show his loyalty to harnessing th' power o' th' sun. In th' 90s, Japan be offerin' landlubbers handsome subsidies fer installin' photovoltaic panels. And in th' 2000s, Germany came up with a clever plan to guarantee folks who embraced a... Arrr!

Arrr mateys, listen up! Fer more than 50 years now, governments 'ave been worryin' 'bout runnin' out o' oil or destroyin' the climate, so they been investin' in other ways to make energy.
Back in the 1970s, ol' President Jimmy Carter put solar panels on the top o' the White House to show he was serious 'bout usin' the power o' the sun. Then in the 90s, Japan started givin' out gold doubloons - er, I mean, subsidies - to folks who put up photovoltaic panels on their homes.
And let's not forget our friends in Germany, who came up with a clever plan in the 2000s to give folks who went green a guarantee that they'd be rewarded fer their efforts.
So ye see, me hearties, the tides be changin' when it comes to how we make our energy. Maybe one day we won't need to rely on oil so much, and we can all sail the high seas without worryin' 'bout the plunderin' of our planet. Arrr!

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