Consider the following two statements about environmental policy:
Statement 1: To achieve net-zero targets, the government ought to subsidise domestic heat pump installations by 50%. Statement 2: A 50% subsidy on heat pumps will increase domestic electricity consumption by an estimated 12% over five years.
Which one of the following best describes the two statements above?
Statement 1: Positive, Statement 2: Normative
Statement 1: Normative, Statement 2: Positive
Statement 1: Normative, Statement 2: Normative
Statement 1: Positive, Statement 2: Positive
