INSIGHT: Is Solar Power Adoption Hindered by an Inadequate Global Environmental Tax Policy?

摘要

Solar energy is a clean, constant, and globally distributable energy supply-unmatched by any Earth-bound source. Switching to clean energy has become a survival concern, so much so that investors, via their investment advisors who manage nearly half the world’s invested capital of more than $34 trillion in assets, are urging the G20 for compliance with the Paris Agreement to save the global economy $160 trillion over a 30-year period. However, transitioning to solar energy from fossil fuels in an economically feasible way may necessitate removing the technological/infrastructural, financial, and regulatory/tax policy barriers in a globally coordinated fashion.