Reference no: EM132475425

Question 1: Construct and post an argument that supports your assigned position on subsidies and regulatory interventions. Organize your argument on the pros and cons of the various fuel sources currently in use for power generation, along with the economic and social costs (i.e., impact on the environment and the community) incurred by each.

Using this position:

Point 1: "Subsidies and penalties must be in place to ensure the free market accounts for the social and environmental costs of power generation. It is only fair to help clean renewable energy compete with traditional forms of power generation. If energy prices do go up, the resulting technological innovation and accompanying benefits are well worth the cost."