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governments should have been falling over themselves to buy or otherwise subsidise expensive solar PV, because the more we bought, the faster the price would fa
by geph2021 2y ago
governments should have been falling over themselves to buy or otherwise subsidise expensive solar PV, because the more we bought, the faster the price would fall
That's quite a stretch, especially considering that there are plenty of examples where government subsidies and intervention distorts markets and makes them less efficient and more dysfunctional. I don't disagree with the general premise of the article: more could have been done to transition to renewable energy sooner. But it's really simplistic to say there was a clear, easy answer to this, and it simply involved more government spending on solar energy.