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Alex Wang on over-subsidizing green tech

Publication: CNBC 

UCLA Expert: Alex Wang: Professor, UCLA Law School; Affiliate, UCLA Institute of the Environment and Sustainability; Affiliate, UCLA International Institute Center for Chinese Studies 

Synopsis: CNBC aired a segment featuring Wang as he discussed the careful balance that must be found between over-subsidizing green technology and creating meaningful economic growth. 

UCLA News: Wang uses his expertise in environmental regulation to weigh in on subsidizing sustainable technology. “That’s going to be a difficult balance. As someone who works on environmental regulation, I’m generally supportive of subsidies for green technologies, be it renewable energy or EVs. But when you subsidize a lot, it could lead to … willy-nilly growth.” 

Watch the segment at CNBC