Government green investment should be a subsidy
Gunnar S. Eskeland: Politics must create expectations of private economic profitability from green solutions. It is the state's most important role in the transition.
Economists meet government investment with skepticism, because experience and theory idicate private innovation and start-up activity. Hyenas – not subsidies – provide better gazelles, Gunnar S. Eskeland writes.
His feature article Statlig, grønn satsing bør være tilskudd (in Norwegian) was published in Dagens Næringsliv on 23 June, 2024.