subsidy

Influencing Innovation: Government’s Role in Subsidizing R&D

Firms often underinvest in research and development (R&D) when there is no government intervention. There are many uncertainties and risks...

Paradox of Subsidy: Could Biofuel subsidies be increasing CO2 emissions?

A new study finds that biofuel subsidies from 1981-2011 paradoxically may have led to the increase in oil production and greenhouse gas emissions.