Public Policy Institutions

Public policy shaping institutions influence the EET market indirectly through taxes and subsidies. Taxes have a negative influence and subsidies a positive influence. Policy makers as actors of energy consumption work alongside those who frame policies pertaining to economics, technology and social welfare. The role of policy makers is to address the most pressing technology challenges facing the nation, including enhancing the efficiency of energy use. Sound energy policy requires more than a political balancing of popular interests. Because of the technological complexity of the national energy system, policy must also be consistent with technical and economic analyses.

Renewable Energy 101

Renewable Energy 101

Renewable energy is energy that is generated from sunlight, rain, tides, geothermal heat and wind. These sources are naturally and constantly replenished, which is why they are deemed as renewable. The usage of renewable energy sources is very important when considering the sustainability of the existing energy usage of the world. While there is currently an abundance of non-renewable energy sources, such as nuclear fuels, these energy sources are depleting. In addition to being a non-renewable supply, the non-renewable energy sources release emissions into the air, which has an adverse effect on the environment.

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