For each source of renewable energy discussed in this chapter, what factors stand in the way of an expedient transition to it from fossil fuel use? In each case, what could be done to ease a shift toward these renewable sources? Would market forces alone suffice to bring about this transition, or will we also need government? Do you think such a transition will be good for our economy? Why or why not?
For each source of renewable energy discussed in this chapter, what factors stand in the way of an expedient transition to it from fossil fuel use? In each case, what could be done to ease a shift toward these renewable sources? Would market forces alone suffice to bring about this transition, or will we also need government? Do you think such a transition will be good for our economy? Why or why not?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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| For each source of renewable energy discussed in this chapter, what factors stand in the way of an expedient transition to it from fossil fuel use? In each case, what could be done to ease a shift toward these renewable sources? Would market forces alone suffice to bring about this transition, or will we also need government? Do you think such a transition will be good for our economy? Why or why not? |
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