Is Subsidizing Energy the Way to Go?
Posted March 23rd, 2009 at 9.35am in Energy and Environment.
The ethanol mandate taught us that energy subsidies for commercial energy projects can lead to unintended consequences and ultimately be counterproductive. Yet Washington’s attempts to address America’s energy questions continue to rely heavily on preferences, mandates, and subsidies for energy commercialization. This is causing energy experts from across the political spectrum to begin questioning the role of subsidies in energy policy. Is this an area where liberals and conservatives might agree?
The Heritage Foundation and Nonproliferation Policy Education Center are hosting an event tomorrow, March 24th, with leading analysts from both sides of the coin to address these issues. Details can be found here. The event is open to the public and can also be viewed online.
- Author: Nick Loris
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March 23, 2009 Ozzy6900, CT writes:
Anytime the Government subsidizes anything, it turns to a pile of manure. Look at all the Government subsidized projects and interventions in the past and try to find just one that actually works!