The Price is Wrong with Brett Christophers
The David McWilliams Podcast
Market Design and Government Subsidies in the Energy Industry
The key insight is that in the energy industry, the focus should be on enhancing and expanding markets rather than exploring alternative solutions. Despite various market design recommendations, all have flaws and advantages, indicating the absence of a perfect market design. The energy industry, including major players like asset managers, emphasizes that the issue lies not in market reliance but in insufficient subsidies. The view is that governments should increase their subsidies to boost investments, as seen in the inflation reduction act in the US.
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