Re:'artificial photosynthesis' claimed 10x more efficient
by robocat on Monday February 20, 2023 @11:18PM
(#34876520)
Tax credits is often another way of saying environmental pollution.
They are appropriate in the short term IF they cause sufficient innovation or economies of scale to kick in.
Often they cause more waste, because tax credits often benefit less efficient and more polluting solutions. Without a very deep and very careful analysis, your best proxy for measuring environmental harm is simply the amount spent.
For example: corn subsidies for ethanol production are significantly harmful for carbon dioxide pollution (via indirect effects like fertilizer production).
They are appropriate in the short term IF they cause sufficient innovation or economies of scale to kick in.
Often they cause more waste, because tax credits often benefit less efficient and more polluting solutions. Without a very deep and very careful analysis, your best proxy for measuring environmental harm is simply the amount spent.
For example: corn subsidies for ethanol production are significantly harmful for carbon dioxide pollution (via indirect effects like fertilizer production).