Thursday, July 25, 2019
Against Green Energy Essay Example | Topics and Well Written Essays - 250 words
Against Green Energy - Essay Example The cost of subsidizing green energy is therefore spread to individual and corporate taxpayers. The economic condition is likely to worsen due to the fact that generational effects of green energy utilize funds that could be pumped into other developmental projects. Green energy subsidies suppress sustainable development goals and objectives. This is more so when these subsidies increase energy consumption. With increased consumption of energy, wastes from such consumption would increase negative effects on the environment. The process is therefore prone to exacerbate harmful energy effects on environmental welfare. Burden to maintain low pollution levels in the environment is likely to increase and government spending doubles in that case (Douglas F, et al. 2000, p.60ââ¬â66). Subsidies will be made available for green energy, but government and corporate efforts to combat environmental pollution will remain unchanged. Organizational operating costs should not be covered through subsidies. However, this has been the characteristic phenomenon in the use of subsidies. Organizations that formulate green energy projects and want to implement them seeks for subsidies. Rather than assisting companies to implement such projects, the subsidies should be used for the purposes of enhancing accessibility to contemporary sources of energy. The focus should be directed to households whose access to modern sources is limited as well as to those who cannot afford it. Since this is not the case, subsidies for green energy are argued against. World Bank and World Resource Institute have as well argued against subsidies for green energy in the same context (Brown, 2006, p.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.