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In developing countries, government energy subsidies are more beneficial…
In developing countries, government energy subsidies are more beneficial than harmful
Sustainable energy
-Subsidies are playing vital roles in allowing sustainable energy to reach everyone including the poor
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Evidence for sub-point b⬆️: The Mervin 2019 included that the developing world is increasingly shifting towards green-tech investment and subsidization-- fossil fuel subsidies are getting smaller investment patterns in the electricity sector have shifted away from the historical dominance of thermal generation. Global investment in renewable power generation reached nearly 300 billion US dollars in 2017, or about two-thirds of total investment in power generation.
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