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Part of the reason for the decrease is the increase in renewable energy. The vast majority of renewable energy technologies are or were supported by government
by chris_mc 8y ago
Part of the reason for the decrease is the increase in renewable energy. The vast majority of renewable energy technologies are or were supported by government subsidies to jump-start the industry. Most of those are tapering over the next decade or so, but the government (federal, state, and local) was instrumental in getting the renewable energy industry started in the USA.
Taking one example of a specific accord and saying, "because we didn't need this government [thing], we don't need any government [thing]," is a faulty generalization. Truth is, we need the government and the markets and several other things that work together in an extremely complex way (that no single human can understand fully) to solve global climate change.
- douglaswlance 8y agoGovernment subsidies (and grants) support market forces.
- Analog24 8y agoNo, they don't. The government subsidies promised to soy bean farmers in the mid west are a direct result of the market moving away from them as tariffs from China make the US soybean market less affordable. Government subsidies are typically meant to prop up industries against market forces.