Renewable Policy Impact explores the critical role of government incentives in driving the adoption of green technology and achieving sustainable development goals. It examines how different policy designs, such as feed-in tariffs and renewable portfolio standards, impact technological innovation and environmental outcomes.
The book highlights that while well-crafted government incentives can accelerate the use of green technologies, their success depends on understanding market dynamics, technological readiness, and ensuring policy coherence. For example, the book points out that poorly designed incentives can lead to wasted resources and market distortions, hindering progress toward a sustainable future.
The book takes a comprehensive approach, reviewing the history of renewable energy support and assessing the effectiveness of various policy instruments using empirical evidence. It delves into the economic consequences, including job creation and energy prices, and analyzes the impact on greenhouse gas emissions.
The book is structured to build understanding, starting with fundamental concepts and progressing through specific policy instruments to broader impacts.
The book emphasizes the dynamic interactions between policy, technology, and markets, offering a nuanced perspective valuable to policymakers, academics, and industry professionals. It provides practical recommendations for maximizing the effectiveness of renewable energy incentives and fostering a more informed dialogue about energy security and climate change mitigation.
