Unintended Consequences

Governments (bless them!) often do things with good intentions.. but often fail to think through the unintended consequences of their actions.

Take energy subsidies as an example. Quite a few governments subsidise energy prices ... to help businesses be more competitive, perhaps.

However, business will only take a cold, hard look at energy usage when prices are high ... so keeping prices artificially low means more energy is used than should be - with consequences for both energy stocks and for the environment.

Good intention. Bad result.