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It's almost like we need a hybrid model. Some things centrally planned and some things left more free.

They may have gotten the ball rolling around 2009, but today the EU accounts for only a small portion of solar installs. In 2022, the EU was about 15% of the global solar new installations.

Now, in wind, Europe is still leading.

Subsidies don't really count as central planning. It's a way to nudge market participants in a certain direction but they still have autonomy.

I don't really care about labels, but if you credit capitalism for cobalt mining increase achieved in states with hybrid economies because the part that helped was free market in spirit - then you should also credit central planning when the situation is reversed.