Renewable Energy and the Economic Welfare of Society

Renewable energy plays a vital role in enhancing economic welfare by creating new job opportunities, reducing energy costs, and fostering sustainable growth. Investments in renewables lead to increased energy security, lessening reliance on imported fossil fuels and stabilizing energy prices. By supporting cleaner energy sources, societies can reduce healthcare costs associated with pollution and environmental degradation, ultimately improving overall productivity. Renewable energy advancements further stimulate innovation and can drive competitive advantage in the global economy. Renewable Energy and the Economic Welfare of Society examines the challenges and solutions to renewable energy and its impact on the economic welfare of society. It addresses the barriers to strengthening the economic welfare of society and provides a clear roadmap for overcoming these hurtles. Covering topics such as artificial intelligence (AI), financial development, and sustainable healthcare, this book is an excellent resource for researchers, academicians, graduate and postgraduate students, business leaders, policymakers, and more.