Real Clear Energy / 10.23.2016

Ask any economist and they'll tell you that subsidies are an inefficient use of government resources. If a government wants to incentivize innovation and new technologies, its funds can be put to much better uses, like research and development. And once a subsidy is in place, it's virtually impossible to repeal: the subsidized industry grows to rely on it, gets stronger financially, and gains political clout. Click here to continue reading