Keeping energy prices artificially low has resulted in harmful environmental affects and wasteful energy use.

Question

Quizplus · Accepted Answer

When energy prices are kept artificially low, people tend to consume more energy than necessary, leading to wasteful energy use. Additionally, this encourages the use of non-renewable energy sources, leading to harmful environmental effects such as air and water pollution, deforestation, and climate change. Higher energy prices can incentivize individuals and businesses to make more sustainable and efficient energy choices.

Keeping Energy Prices Artificially Low Has Resulted in Harmful Environmental