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Title: The economy of solar energy

Journal Article · · Advances in Solar Energy
OSTI ID:245119
 [1]
  1. Deutscher Bundestag, Bonn (Germany)

Solar energy is often regarded as environmentally-friendly, but, at the same time as not economical. A global economical view shows, however, that renewable energies can bring about substantial economic and social benefits today, even before their wide market introduction has begun. They are a basic economic innovation for durably overcoming the ever increasing risk innate in the current economic development: they provide new jobs in industry, crafts, and agriculture; a long-term reduction of administrative and health costs; reduced subsidies, increased foreign exchange assets for national economies; reduced military expenses to secure the energy supply structure; and preservation of agriculture on a sustainable basis. In the medium- and long-term, they are a precondition for reducing operation and management costs of the energy supply system. On the basis of a completely new tax system - the entropy tax - solar energy can become the trigger of a new economic dynamics which remains within the ecological limits of growth. 27 refs., 2 figs., 4 tabs.

OSTI ID:
245119
Journal Information:
Advances in Solar Energy, Vol. 9; Other Information: PBD: 1994
Country of Publication:
United States
Language:
English