So they ask their economics experts about how to efficiently encourage the relevant tech development, and they decide to temporarily subsidize different routes to hydrogen at slightly below their current extra costs.
I don’t think that’s a good model. Instead of asking economics experts, they ask lobbyists about what’s necessary for the technology to be developed.
The lobbyists from BP and Shell tell them: We are happy to switch from fossil fuels to green energy and to do that we need your help by implementic policies X, Y and Z.
Modelling the way these policies are made in Westerns states or even in China without lobbyists is going to lead to poor understanding of the mechanisms.
I don’t think that’s a good model. Instead of asking economics experts, they ask lobbyists about what’s necessary for the technology to be developed.
The lobbyists from BP and Shell tell them: We are happy to switch from fossil fuels to green energy and to do that we need your help by implementic policies X, Y and Z.
Modelling the way these policies are made in Westerns states or even in China without lobbyists is going to lead to poor understanding of the mechanisms.