“The net subsidies formulation would be the correct
standard for comparing subsidies to different energy sources…. Net subsidies
would include not only the monetized value of policies that subsidize the
relevant industries but would subtract out the monetized value of policies that
penalize those industries.”
While a complete accounting might be difficult, this
is not a reason for pretending that it is not necessary. Best estimates should
be made.”
Consider the following two
quite different verdicts on the winners and losers from U.S. energy subsidy
policy, the first from a pro-renewable energy organization and the second from
a free-market energy group.- See more at:
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