Critics have opposed clean energy public investment by claiming that governments must not pick winners, green subsidies enable rent-seeking behaviour, and failed companies means failed policy. These arguments are problematic and should not determine the direction of energy investment policies.
Meckling, Jonas, Joseph E. Aldy, and Matthew J. Kotchen, Sanya Carley, Daniel C. Esty, Peter A. Raymond, Bella Tonkonogy, Charles Harper, Gillian Sawyer, and Julia Sweatman. "Busting the myths around public investment in clean energy." Nature Energy 7 (July 2022): 563–565.