CleanTechnica•25 days ago
A Balance Of Incentives & Penalties Works Best For Clean Energy Adoption
Key Takeaway
Future energy markets will be shaped by policy interventions that balance incentives and penalties to drive clean energy adoption, creating both opportunities and risks for developers and large power consumers.
AI Summary
- •Governments worldwide are grappling with the inconsistency of investing in fossil fuels for national security while simultaneously aiming to mitigate climate change.
- •The article advocates for a balanced policy approach, utilizing both incentives and penalties, as the most effective method to accelerate clean energy adoption.
- •This suggests impending policy shifts that will likely favor clean energy development and procurement, impacting project financing and the economic viability of fossil fuel assets.
Topics
emissionsfinancingpolicysolarstoragewind
Article Content
Governments around the world invest in fossil fuels for what is often framed as national security. However, there is a basic inconsistency of national investment in fossil fuels with mitigating climate change. Many oil and gas producers falsely claim they are simply meeting demand rather than accruing fabulous wealth. In ... [continued] The post A Balance Of Incentives & Penalties Works Best For Clean Energy Adoption appeared first on CleanTechnica .