Evaluating the Impact of Subsidies on Energy Choices

Very Hard Justify The Conclusion Guarantee Conclusion

In a discussion about climate policy, an economist argued that if the government subsidizes renewable energy sources, it will lead to greater adoption of these technologies among consumers. The economist concluded that this increased adoption will significantly reduce reliance on fossil fuels.

However, several critics of this argument pointed out that simply providing subsidies does not guarantee that consumers will choose renewable energy sources over fossil fuels, as market dynamics, consumer preferences, and availability of technologies also play critical roles.

Which of the following, if true, would most seriously weaken the economist's conclusion regarding the impact of subsidies on fossil fuel reliance?

Many consumers prefer fossil fuel sources because they are currently more convenient and established.

Subsidies for renewable energy sources are expected to remain in place for a long period.

In countries where subsidies for renewable energy are offered, fossil fuel consumption has not decreased significantly.

Renewable energy technologies are becoming cheaper due to advancements in technology.

Government incentives for consumers to reduce energy consumption are more effective than subsidies for renewable energy.

Hint

Submitted2.5K

Correct1.5K

% Correct62%