The #IPPR rightly follows Marianna Mazzucato & suggests that UK Govt. needs to invest directly in #greentehcnology;
as I've said before this make perfect sense; not only would it help accelerate the #greentransition, it would also pump-prime the UK's current lamentable #investment environment for #manufacturers...
Its a policy that the Labour Party should get behind.... its certainly a better use of #taxpayers money than subsidising #fossilfules (see earlier post)
@ChrisMayLA6 Except when it comes to basic research, I’m not a fan of supply-side support by governments. It inevitably seems to lead to corruption and distortion of the market. Far better to provide appropriate demand-side grants, and let the market decide how best to allocate the money. But maybe others can challenge my prejudice?
@KimSJ@ChrisMayLA6
Literally decades of "let the consumer decide" has failed to bring the change widely agreed is needed
Why - because current energy providers are directly tied to oil and gas production and lose everything in the move to #GreenEnergy. So they slow-walk and sabotage the change.
In an existential threat like this, gov must drive the change. I'd like gov to go directly into #GreenEnergy production.
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