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The market would come to the same conclusion in time but only if they are right. The conclusion about the need for incentives is therefore wrong. It will just e
by timwaagh 4y ago
The market would come to the same conclusion in time but only if they are right. The conclusion about the need for incentives is therefore wrong. It will just encourage rent seeking and destroy efficiency. It's important for the government to support optimal price finding instead by removing possible oddities in how energy prices are created.