Everybody knows that climate change is one of the greatest
threats facing the planet. The costs of failure to act are becoming
unthinkable. Yet we know now that if developed countries agree to
cut their collective emissions by 30% by 2020, annual economic
growth would be trimmed by less than 0.2% - a small price to pay to
avoid the potential long-term costs of climate change. Moreover, it
is easy to appreciate the positive value of other benefits such as
reduced air pollution, security of energy supply at predictable
prices, and improved competitiveness through innovation.
Now, for the growing number of enterprises and investors
committed to combating climate change with renewable energy
technologies, here at last is a minutely detailed analysis of the
opportunities and obstacles involved in developing a coherent and
effective business strategy. Beginning with an in-depth and
up-to-date overview of what we know about the climate change issue,
the author goes on to an extensive survey of Renewable Energy
Sources (RES), both existing and under development. Recognizing
that, in the current state of global awareness, the European Union
has taken by far the largest steps in tackling the enormous
problems entailed by climate change, she explores in unprecedented
detail the various "green" energy incentives and support schemes
available under various programs available both at EU level and in
each of the 27 Member States.
Both project developers and investors will find out here exactly
how to: significantly reduce the main market entry barrier - high
costs; exploit synergies and avoid negative spillover effects
through coordinated action; draw on all available policy levers,
fiscal policies, structural and financial market reforms and
external action; ensure full coherence between immediate actions
and the EU's medium- to longer term objectives; take full account
of the global nature of the problem and shape the EU's contribution
to international responses; comply with technical provisions for
monitoring, reporting and verification; and discern investment
trends in the RES markets.
Providing both knowledge of the industry and of relevant
investment instruments, " Renewable Energy Sources" will serve as a
powerful liaison between project developers and investors in the
renewable energy market. Interested companies and their counsel
will find here a ready reference for information on sources of
equity/venture capital, detailed knowledge of available subsidies,
business expansion strategies, viable investment options, and
advantageous networks.
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