Introduction:
Energy is an important factor for development of country’s economy and for most part this energy is produced from non-renewable sources. For transforming from conventional to green energy some strategies and policies have to be implemented, proper framework must be employed such that the existing constraints and barriers for renewable energy technologies are reduced. It is necessary to create conditions for increased investments in a transition to green economy. Pursuing clean energy will not only have a lesser environmental impact but also has the potential to create new green industries and millions of jobs. Newer avenues for innovation can be explored. The new techniques and sources of energy need to be deployed at a rate similar …show more content…
It tackles two issues at once: the continued economic growth sought by developing countries to reduce poverty and improve living standards; and improved environmental valuation needed to solve resource scarcities and climate change. Green energy growth began to be promoted through the 2008-2009 economic laws; some governments set short-term goals– the potential to increase jobs and incomes through boosted investment in green technology. Others approach green energy from an environmental view– the potential to incorporate environmental externalities by mainstreaming sustainable development requirements into economic decision-making. A third importance has more recently been expressed, especially by developing countries – the idea that green energy should serve the part of the population excluded by the current economic …show more content…
Green electricity generation climbed by more than 8 percent overall in 2013, to produce around 22 percent of all global power production. Total global installed green energy electricity capacity reached a staggering 1,560 GW in 2013.
China, USA, Brazil, Canada, and Germany are the top five countries for total installed green energy capacity. Excluding hydro, the top three are China, the U.S. and Germany, followed by Spain and Italy and in sixth spot, India. China's green energy capacity surpassed fossil and nuclear capacity for the first time in 2013 while per capita, Denmark’s non-hydro green energy production places it at the top. In the European Union, green energy now represents the majority of new electric generating capacity for the sixth consecutive year since 2001, with a 72 percent share. But, in accordance with annual GDP, United Arab Emirates and Mauritius were among the top countries
Energy is an important factor for development of country’s economy and for most part this energy is produced from non-renewable sources. For transforming from conventional to green energy some strategies and policies have to be implemented, proper framework must be employed such that the existing constraints and barriers for renewable energy technologies are reduced. It is necessary to create conditions for increased investments in a transition to green economy. Pursuing clean energy will not only have a lesser environmental impact but also has the potential to create new green industries and millions of jobs. Newer avenues for innovation can be explored. The new techniques and sources of energy need to be deployed at a rate similar …show more content…
It tackles two issues at once: the continued economic growth sought by developing countries to reduce poverty and improve living standards; and improved environmental valuation needed to solve resource scarcities and climate change. Green energy growth began to be promoted through the 2008-2009 economic laws; some governments set short-term goals– the potential to increase jobs and incomes through boosted investment in green technology. Others approach green energy from an environmental view– the potential to incorporate environmental externalities by mainstreaming sustainable development requirements into economic decision-making. A third importance has more recently been expressed, especially by developing countries – the idea that green energy should serve the part of the population excluded by the current economic …show more content…
Green electricity generation climbed by more than 8 percent overall in 2013, to produce around 22 percent of all global power production. Total global installed green energy electricity capacity reached a staggering 1,560 GW in 2013.
China, USA, Brazil, Canada, and Germany are the top five countries for total installed green energy capacity. Excluding hydro, the top three are China, the U.S. and Germany, followed by Spain and Italy and in sixth spot, India. China's green energy capacity surpassed fossil and nuclear capacity for the first time in 2013 while per capita, Denmark’s non-hydro green energy production places it at the top. In the European Union, green energy now represents the majority of new electric generating capacity for the sixth consecutive year since 2001, with a 72 percent share. But, in accordance with annual GDP, United Arab Emirates and Mauritius were among the top countries