this post was submitted on 08 Aug 2023
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[–] [email protected] 28 points 1 year ago* (last edited 1 year ago) (5 children)

5 billion dollars from the climate and transformation fund? Glad to see we’re really committed to using this money here to combat climate change by building semi conductor factories.

The greens have been an absolute joke in coalition. First Lüzerath and now siphoning funds from a climate fund to build parts for car production.

[–] [email protected] 33 points 1 year ago (1 children)

Funny that not only conservatives and the right but also the left is blaming the Greens for everything. The KTF is used only because our finance minister is blocking spending money from other sources, same thing happened with Intel in Magdeburg. So if the economy ministry wants to support these companies, this is their only option.

[–] [email protected] 17 points 1 year ago (2 children)

Well, one could argue local production reduces transportation, so that counts for something... right?

[–] [email protected] 12 points 1 year ago

Wellllll it seems like the plant will be mainly for building car MCUs - so slightly counterintuitive, lol

[–] [email protected] 11 points 1 year ago (2 children)

Some genius will figure out that it's 0.00000001€ cheaper to ship the dies to China for packaging.

[–] [email protected] 6 points 1 year ago

~~genius~~ MBA

[–] [email protected] 2 points 1 year ago

it's going to the Philippines usually 😉

[–] [email protected] 15 points 1 year ago

5 billion dollars

Euros.

[–] [email protected] 13 points 1 year ago

Keep in mind the KTF is not just purposed for climate, but also economic development in East germany. I would much prefer a chip factory in place of the current lignite industry.

[–] [email protected] 13 points 1 year ago

What else can you use the money from the climate and transformation fund for? Every sensible use is being blocked by the FDP. So use it for something that is necessary either way, rather than let it go to waste.