This is a natural resource economics question so please consider the environment in your response. I need four or five sentences that addresses the following. I want to disagree with the position because the market externalities aren't addressed.
"The government should not be in the business of promoting renewable power, but should simply set a reasonable price on greenhouse gases and let the market determine the "correct" energy mix". Do you agree with this position? Why or why not?© BrainMass Inc. brainmass.com October 10, 2019, 4:44 am ad1c9bdddf
I disagree with the idea that the government should not be in the business of promoting renewable power. Merely setting a price on greenhouse gases and letting the market move to an energy equilibrium, while a step in the right direction, is a very near-sighted approach. This policy would move us a little toward renewable energy sources, but would not do enough. A small move toward renewable ...
The expert examines Greenhouse gases and market valuation for energy.