Browsing the "government subsidies" Tag

Guest Post: How Our Government Is Supporting Green

November 28th, 2012 | by GBE FACTS

Government subsidies help aid an industry when it is not progressing fast enough in the free market. Generally, when new technology becomes available like green energy, it can take a considerable period of time before prices decline enough to where consumers find the technology affordable. The free market just doesn't work as fast as some governments would prefer, so they intervene, helping important technology like green energy until it becomes profitable for businesses quicker than it would through the free market.



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