Governments and several other countries have encouraged the use of ‘green’ technologies/product by extending s?
Governments and several other countries have encouraged the use of ‘green’ technologies/product by extending subsidies. Give examples of products/technologies that are subsidized by governments of various countries. Do you agree with the concepts of subsidies for green products? Give reasons to support your views. Should the Indian Government subsidies ‘green’ products? What could be the effect of such subsidies on companies, governments, and on the environment?
I don’t agree with that because the government doesn’t and shouldn’t be responsible for dictating a path in future technologies. They will give massive amounts of money for companies to develop technology that might not be viable in the real world. It would be better if the government would let the consumer and the market choose what technologies rise and which ones fail. How many people bought Prius’ because of the 4ish dollar per gallon of gas price environment. The price of gas has fallen in half in some places. I would just prefer that the government kept its nose up its own a-ss where it belongs.