short term and long term implication of economic strategies suggested in the course of research on solar energy a cost effective comparison with conventional energy sources
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solar sources is following
Explanation:
Fossil fuels—namely crude oil, natural gas, and coal—are the world’s number one source of energy. Despite being a non-renewable source, there is still a high demand for fossil fuels due to their affordability and reliability. From heating and lighting homes to fueling vehicles, fossil fuels play an integral role in energy production and the global economy.
Even with the massive strides made in technological innovation, sustainable energy has failed to usurp traditional fossil fuels. In order to incentivize renewable energy adoption, governments have levied tax credits for solar and wind energy, which until recently, were far more expensive than the status quo.
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