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THE ECONOMIC RATIONALE FOR RENEWABLE ENERGY

THE ECONOMIC RATIONALE FOR RENEWABLE ENERGY The purpose of this paper is to gain a deeper understanding of the economic relevance of the most ordinary sources of renewable energy (RE), the positive consequences of RE on growth and hiring, and the shift from fossil energy to RE to diminish CO2 releases. My paper contributes to the literature by providing evidence on the economic and financial stimulants supplied by RE backing strategies, elements determining investment in renewables, the declining expense of numerous RE technologies, and the eventual share of RE to moderating worldwide climate change. JEL codes: N7; O13; P28; Q4 Keywords: renewable energy; climate change; economic growth http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

THE ECONOMIC RATIONALE FOR RENEWABLE ENERGY

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to gain a deeper understanding of the economic relevance of the most ordinary sources of renewable energy (RE), the positive consequences of RE on growth and hiring, and the shift from fossil energy to RE to diminish CO2 releases. My paper contributes to the literature by providing evidence on the economic and financial stimulants supplied by RE backing strategies, elements determining investment in renewables, the declining expense of numerous RE technologies, and the eventual share of RE to moderating worldwide climate change. JEL codes: N7; O13; P28; Q4 Keywords: renewable energy; climate change; economic growth

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2015

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