Example of subsidies:
Because the government wants to ensure firms stay in business and protect jobs, subsidies will be applied to agriculture, electric cars, green energy, oil and gas, green energy, transport, and welfare payments. Moreover, for example, Government Solar Rebate NSW (Small Scale Technology Certificates) will make the cost of the solar panel cut down to 33% of its original price. The 67% will be paid by the government which is so-called the government intervention of subsidies.
Motivation:
The government paid for the green energy subsidies because the
25 percent renewable energy by 2025 policy made the produce, family, and government increase the amount of renewable energy production.
Intended consequence:
To give ensure firms stay in business and protect jobs which is unfair to anyone else.
Unintended consequence:
When subsidies were given to farmer, it does not always achieve the results intended because this will subsequently present environmental degration and as well as failure to achieve social and economic objectives.