Government Support in Clean Energy Technology Development
U.S. Trade Representative Katherine Tai discusses the need for government support in clean energy technology development, citing market limitations and unfair competition from China.
Key Points
- Government intervention is deemed necessary to boost clean energy technology.
- Market forces alone may not be sufficient to drive the required advancements.
- China's economic policies are seen as distorting the global playing field.
Pros
- Government support can accelerate clean energy technology development.
- Protection of investments and subsidies can ensure domestic competitiveness.
Cons
- Criticism of adopting tactics similar to those criticized in China's practices.
- Concerns about the scale and impact of government intervention in the market.