Economic Incentives Trounce Rational Arguments in Driving Clean-Energy Transition

August 28, 2024 08:05:00

Proponents of renewable energy are increasingly relying on economic incentives rather than rational arguments to drive the global transition to green energy. As climate policies in developed nations with the most sway in the global transition to green energy increasingly come under attack, economic incentives may offer a means of driving the energy transition without becoming a target for populist rhetoric.

Rather than making rational arguments about the benefits of convincing regular citizens to adopt renewable-energy technology and support the transition away from fossil fuels to cleaner alternatives, economic incentives could be more effective at getting the job done. According to a new working…

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