--- title: "Meaning & Key Takeaway of: So on the demand side [for energy], there…" description: "\"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 t..." image: "https://sms4smile.com/quotes/i/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… ![“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/quotes/i/cf4/bill-gates-137_amount_so-on-the-demand-side-for-energy-there-h_2440121.jpg) [Download](https://sms4smile.com/quotes/i/cf4/bill-gates-137_amount_so-on-the-demand-side-for-energy-there-h_2440121.jpg) [Open image](https://sms4smile.com/quotes/i/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.” [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) ## 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. ★ ★ ★ ★ ★ No ratings yet [Climate](https://sms4smile.com/quotes/about/climate/) [Credit](https://sms4smile.com/quotes/about/credit/) [Demand](https://sms4smile.com/quotes/about/demand/) [Electricity](https://sms4smile.com/quotes/about/electricity/) [Energy](https://sms4smile.com/quotes/about/energy/) [Portfolios](https://sms4smile.com/quotes/about/portfolios/) [Push ups](https://sms4smile.com/quotes/about/push-ups/) [Signals](https://sms4smile.com/quotes/about/signals/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Variety](https://sms4smile.com/quotes/about/variety/) ## Related quotes > [Big swings in the wholesale price of electricity are not unusual in the summer, when high demand taxes generators' ability to supply power.](https://sms4smile.com/quotes/alex-berenson/big-swings-in-the-wholesale-price-of-electricity-are-not-unusual-in/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [We have to get our states to adopt what are called "renewable portfolio standards" pledging to use a lot of renewable energy by 2015…](https://sms4smile.com/quotes/bill-mckibben/we-have-to-get-our-states-to-adopt-what-are-called-renewable/) [Bill McKibben](https://sms4smile.com/quotes/author/bill-mckibben/) > [Twenty-six states have passed renewable portfolio standards, which simply says somewhere between 15% and 30% of their electricity will come from renewables by such-and-such…](https://sms4smile.com/quotes/brian-schweitzer/twenty-six-states-have-passed-renewable-portfolio-standards-which/) [Brian Schweitzer](https://sms4smile.com/quotes/author/brian-schweitzer/) > [We simply must balance our demand for energy with our rapidly shrinking resources. 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