What is the role of renewable energy in energy policy?

Economic Policy Questions



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What is the role of renewable energy in energy policy?

The role of renewable energy in energy policy is to promote the use and development of sustainable energy sources such as solar, wind, hydro, geothermal, and biomass. Renewable energy is seen as a key component in reducing greenhouse gas emissions, mitigating climate change, and achieving energy security. Energy policies often include incentives, subsidies, and regulations to encourage the adoption and integration of renewable energy technologies into the energy mix. By diversifying the energy sources and reducing dependence on fossil fuels, renewable energy plays a crucial role in transitioning towards a more sustainable and environmentally friendly energy system.