Global Warming: Public Policy the Thesis

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The demand for alternative energy forms is most likely going to form a very profitable niche on the market in the near future.

This is obviously the same thing as when the informational revolution began or when the industrial revolution came about. The companies who will became providers of solutions to energy alternatives and to enable the companies to abide by the governmental restrictions in the field will also be interested stakeholders in getting the governmental restrictions implemented and operational in the industry.

Recommendations

1. Increased governmental spending and involvement into creating alternative forms of energy.

PROS: An important pro-in this case is that the significant governmental involvement, especially in terms of promoting and financing research for new forms of alternative energy, can actually have a tremendous impact and produce immediate results.

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CONS: Increased governmental spending in any area will mean potentially higher taxes and a greater burden for the population. At the same time, governmental involvement may also significantly limit private initiatives in these areas.

2. Governmental facilitation of private spending on research and development in alternative energies. This is a nuanced form of the previous proposal which would tend to limit the involvement of the government, while still keeping the positive aspects, such as the emphasis on the development of new energy forms.

PROS: the government can provide the format and incentives in which alternative energy solutions can be discussed and adopted.

CONS: it may not lead anywhere unless there are economic and commercial incentives for the companies to be involved. Private companies will still have profit maximization as their main.....

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