What policies encourage renewable energy use?
There are several policies that can encourage renewable energy use, such as tax incentives, feed-in tariffs, and renewable portfolio standards.
Can you explain how feed-in tariffs work?
Feed-in tariffs guarantee a fixed payment for energy producers who generate renewable energy, ensuring a stable income.
What are renewable portfolio standards?
Renewable portfolio standards require utilities to obtain a certain percentage of their energy from renewable sources, promoting investment.
Are there any successful examples of these policies in action?
Yes, countries like Germany and Denmark have successfully implemented these policies, leading to significant increases in renewable energy use.
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