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Variable pay scales incentivise the development of better and needed skills.
The government has also accepted O'Neill's proposals to incentivise the development of new drugs.
First, it does little to incentivise the development of CCS, which will be needed if emissions from existing coal plants, both in America and in sooty places such as China and India, are ever to be reduced.
Regulators incentivise the development of these drugs by allowing market exclusivity; a new drug for these conditions is only approved if is judged to be sufficiently dissimilar to products already on the market.
However, if the rationale for supporting bioelectricity as a comparatively costly RES technology is based on its option value as a flexibility option, specific flexibility requirements are necessary to incentivise the development and use of technological and organisational innovations needed for flexibility provision.
Despite increased attention in the USA and Europe to the resistance problem, there has been little progress in allocating financial resources either to conserve the effectiveness of existing drugs or to incentivise the development of new antibiotics.
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O'Neill said that stopping the over-use of antibiotics – also fed in vast quantities to animals for growth promotion as well as to treat disease, especially in the United States – may be even more important than incentivising the development of new drugs.
¤ create a comprehensive affordable housing development programme to incentivise the creation of quality mixed use developments in high demand locations based upon the principles of high density development around strengthened transport nodes, using dedicated delivery vehicles such as Housing Regeneration Companies.
Following the Spending Review: ¤ create a comprehensive housing market renewal programme to incentivise the creation of high quality mixed use developments on brownfield sites in low value locations that make the most of existing assets.
The idea is to incentivise the banks to lend to businesses, thereby stimulating growth.
Options to incentivise the uptake of cashless payments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com