Which of the following is true with regard to the costs of subsidization?
A. Subsidization in the form of high feed-in tariffs lowers electricity prices.
B. S. consumers had benefited from the cost-efficient location of production in China even though it meant the loss of high-paying jobs in the United States.
C. The demand-side subsidies increased the negative externalities from emissions.
D. Renewable energy production such as solar and wind power was cost competitive and hence was not dependent on subsidies.
Answer:B
Which of the following is true with regard to the costs of subsidization?
A. Subsidization in the form of high feed-in tariffs lowers electricity prices. B. S. consumers had benefited from the cost-efficient location of production in China even though it meant the loss of high-paying jobs in the United States. C. The demand-side subsidies increased the negative externalities from emissions. D. Renewable energy production such as solar and wind power was cost competitive and hence was not dependent on subsidies.