Clean Energy Subsidies Distort Market

Clean Energy Subsidies Distort Market

Wind turbines at the Ocotillo Wind Energy Facility in California, May 29, 2020. (Bing Guan/Reuters)

We should be incentivizing clean energy, not subsidizing it.

In debating President Biden’s trillion-dollar proposals to spend on clean energy, many take for granted that the only way to support the environment is through subsidies. But it doesn’t have to be this way.

Rather than spend money blindly on projects designed more to grab headlines than to garner reasonable support, policy-makers should pursue…

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