What are some ways the government promotes renewable energy?
The government promotes renewable energy through subsidies, tax incentives, and funding for research and development.
Can you give examples of specific programs or policies?
Sure! Programs like the Investment Tax Credit (ITC) and the Production Tax Credit (PTC) are key examples.
How do these incentives affect the adoption of renewable energy?
These incentives lower the cost for consumers and businesses, making renewable energy more attractive and accessible.
Are there any recent initiatives that have been introduced?
Yes, many governments are introducing new initiatives like the Green New Deal and various state-level renewable energy mandates.
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