Explain your answers and why in details. Under least-cost planning government pr

Question

Explain your answers and why in details.

Under least-cost planning government promotes all technologies with a clear-cut environmental advantage. subsidies should be performance-based or time-limited. government chooses to promote the technology with the greatest environmental advantage. government leaves technology choice up to the private market, since the market is best at promoting CT's. government levels the playing field, by increasing subsidies for dirty technologies. Because late-stage technologies arc already cost-competitive, government policy for promoting their diffusion should not focus on providing information, through product-labeling or technical assistance. establish flexible design standards to encourage efficient choices. employ consumer subsidies, due to the potential for free-riding. utilize technology-forcing regulation to further improve the technology. further encourage utility marketing of energy efficiency technologies.

Explanation / Answer

1) Under least-cost planning government chooses to promote the technology with the greatest environmental advantage. Thus, option (C) is the correct option.

2) Because late-stage technologies are already cost-competitive, government policy for promoting their diffusion should not utilize technology-forcing regulation to further improve the technology. Thus, option (D) is the correct option.

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.