Subsidies for clean energy
Designing incentives for green technology adoption
Policy makers cannot develop effective subsidy programs for green technologies without a clear understanding of what drives consumers to adopt the technologies and companies to invest in them.
Georgia Perakis, professor
Georgia Perakis of the MIT Sloan School of Management has developed a model that will help government decision makers set optimal subsidies to encourage the adoption of a green technology, taking into account the probable responses of suppliers and buyers of the new technology.