So on the demand side [for energy], there have been a…
![“So on the demand side [for energy], there have been a variety of policies that globally have been way over $50 billion a year of tax credits, raising the price of electricity through things like renewable portfolio standards, so the total amount of money that's gone into sending a price signal to…” quote by Bill Gates](https://sms4smile.com/q/img-quotes/cf4/bill-gates-137_amount_so-on-the-demand-side-for-energy-there-h_2440121.jpg)
“So on the demand side [for energy], there have been a variety of policies that globally have been way over $50 billion a year of tax credits, raising the price of electricity through things like renewable portfolio standards, so the total amount of money that's gone into sending a price signal to push up demand versus what would happen without it has been gigantic.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Large subsidies and standards raise electricity prices to signal demand, costing billions annually.
In simple terms: Subsidies increase electricity costs to influence demand.
Key Takeaway
Recognize policy costs when planning energy projects.
Themes
energy policy
economics
subsidies
demand management
Mood
analytical
concerned
Type
policy
economic
When to use this quote
- government budgeting
- utility pricing
- renewable investment
- consumer behavior
Key Concepts
price signaling
renewable portfolio standards
tax credits
Questions to Reflect On
- How do price signals affect renewable adoption?
- What alternatives could lower costs?
A Different Perspective
Policy may cause unintended price spikes for low‑income users.