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by jorge-fundido
3606 days ago
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Not sure how I feel about characterizing this as a subsidy, but... while tax breaks aren't the same as subsidies, they can effectively act like subsidies in some cases. I found this list more informative than the article or even the Metcalf paper: https://www.americanprogress.org/issues/green/report/2016/05... The optimist in me wants to believe that our dependence on foreign oil encouraged new domestic oil production via tax policy. I don't think that nudge is warranted any longer. I'm not a fan of governments interfering in markets, but in this case, better to incentivize alternative energy and not fossil fuel. |
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