The Wall Street Journal’s Editorial Board writes on solar subsidies in California.
- Climate change poses a real risk for which innovation, mitigation and adaptation steps are important to reduce that risk.
- Subsidies for mature industries (oil, gas, solar, wind) distort markets and can have a negative effect on overall affordability, reliability, and innovation.
- An “all of the above” best of the best, clean, balanced and resilient approach that encourages competition is ultimately what’s best for the environment.
Read the full article here.