On the other hand, targeted subsidies can push economies of scale to tipping points of self-sustainability.
If there's lots of low hanging fruit then a broad tax/subsidy makes sense, but if you need high levels of investment into specific things to make a difference, then use the tool for the job.
Which end of the spectrum incentivizing green behavior/tech mainly lies towards is left as an exercise for the reader.
If there's lots of low hanging fruit then a broad tax/subsidy makes sense, but if you need high levels of investment into specific things to make a difference, then use the tool for the job.
Which end of the spectrum incentivizing green behavior/tech mainly lies towards is left as an exercise for the reader.