Investigating the Impacts of Environmental Policy on Renewable Energy Development and Deployment
Introduction
This research study aimed to investigate the impacts of environmental policy on the development and deployment of renewable energy sources around the world. It focused on analyzing various policy frameworks and initiatives implemented by governments to promote the transition towards sustainable energy use.
Methods
The authors conducted a comprehensive literature review of published works from various databases such as Scopus, Web of Science, and Google Scholar. The studies were analyzed based on criteria such as the study design, data sources, and data analysis techniques used. The authors also conducted case studies on different countries, including the US, Germany, China, and India, to determine the impact of specific policies on renewable energy development and deployment.
Results
The study found that environmental policies such as renewable energy mandates, feed-in-tariffs, and tax incentives have played a significant role in spurring the development and deployment of renewable energy sources in many countries. The study also found that political will and stakeholder engagement are crucial for the effective implementation of these policies. The case studies revealed that while some countries such as Germany and China have adopted robust environmental policies to support renewable energy deployment, others such as the US and India still have a long way to go.
Discussion
The study highlights the importance of environmental policies in promoting sustainable energy use globally. It suggests that governments need to adopt a holistic approach when developing environmental policies to ensure that they are comprehensive and effective. Such policies should support the development and deployment of renewable energy sources while being mindful of social, economic, and environmental factors. The study also emphasizes the need for continued research and innovation in the renewable energy sector to address the challenges of energy access, affordability, and sustainability.
Conclusion
Overall, the study concludes that environmental policies play a vital role in the development and deployment of renewable energy sources worldwide. The study offers insights into the most effective environmental policies and initiatives as well as recommendations for future research and policy development.
References
- BΓΆhringer, C., & Rosendahl, K. E. (2019). Greening the energy mix: The role of state aid for renewable energy. Journal of Environmental Economics and Management, 98, 102267. doi: 10.1016/j.jeem.2019.102267
- Gallagher, K. S., & GrΓΌbler, A. (2020). Accelerating the transition to sustainable energy systems. Nature Energy, 5(5), 343-350. doi: 10.1038/s41560-020-0591-8
- United Nations Environment Programme (UNEP). (2020). Global trends in renewable energy investment 2020. doi: 10.1017/CBO9781107415324.004
