Axios’ Amy Harder examines the roles in which subsidies and energy innovation may play in climate legislation.
- Both sides of the aisle have revealed their plans to address climate change—Democrats plan to regulate and mandate clean energy standards, while Republicans have doubled down on energy innovation.
- In order to produce meaningful results, bipartisan support is needed. One topic that has bipartisan support is energy innovation and R&D.
- Rewards-based policies that incentivize cleaner energy have been more impactful than regulation and mandates. We should continue this trend by incentivizing the free market to tackle climate change.
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