Business of promoting renewable power


Question:

This is a natural resource economics question so please consider the environment in your response. I need four or five sentences that addresses the following. I want to disagree with the position because the market externalities aren't addressed.

"The government should not be in the business of promoting renewable power, but should simply set a reasonable price on greenhouse gases and let the market determine the "correct" energy mix". Do you agree with this position? Why or why not?

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Macroeconomics: Business of promoting renewable power
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