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This has been a chief concern of Secretary of Energy Steven Chu, but even with the Obama administration's stimulus money, the United States and the West in general spend abysmally small amounts on basic research while spending too much on subsidizing existing technologies.
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"Not only is ATP a give-away for wealthy companies that merely subsidizes existing research," he argues, "but evidence shows that Uncle Sam is a poor investor.
"Now, instead of developing new units, the money is being utilized to maintain and to subsidize existing units," Silas said.
In that sense, they subsidize existing management at the expense of shareholders.
This helps ensure that new development is not subsidized by existing homeowners.
Considering that the entire pay TV infrastructure subsidizes the existing cable Internet infrastructure, how likely is that?
Assistance provided to Syrian refugees in Lebanon is based on a primary health care strategy wherein primary health care services are subsidized in existing health centers across the country and referrals for secondary and tertiary services are managed by a third-party private administrator (World Bank 2013; OCHA 2014; UNHCR 2013, 2015a).
Faced with looming nuclear plant shutdowns, several states are considering a difficult and sometimes unpopular option: subsidizing their existing nuclear reactors to keep them running for years to come.
How do existing tenants process 'displacement without displacement' when a housing authority plans for socially mixed units around existing subsidized housing?
But by subsidizing commodities, the existing bill (and food policy in general), pushes things in precisely the opposite direction.
The second option is to subsidize new receiver purchases for existing customers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com