Creating an level playing field is part of the complexity. The fact is we must migrate to mostly CO2-free power generation within the next decades and also replace fossil energy for transport and heating.
Market-based economies are great to follow technology trajectories and are efficient at capital allocation but even for them we need additional incentive structures to speed up the process.
I also think that most countries have massively reduced subsidies for new projects but existing subsidies will still be served for a long time.
Market-based economies are great to follow technology trajectories and are efficient at capital allocation but even for them we need additional incentive structures to speed up the process.
I also think that most countries have massively reduced subsidies for new projects but existing subsidies will still be served for a long time.