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Why It Could Pay Off
There Is a Demand for Green Energy
The No.
Fast developments ingreen energy technologyare increasing their [cost effectiveness] and efficiency, Tran said.
Jarrett believes it will come down to tax incentives.
Governments are increasingly givingsubsidiaries and tax incentiveson organizations promoting the use of renewable energy, Jarrett said.
Tran added, Many governments are offering incentives for green energy initiatives, including tax credits and subsidies.
These rules can greatly improve the return on investment forgreen energy projects, therefore increasing their appeal to investors.
Green energy projects have somewhat high starting expenses, Tran said.
This sector is not immune to financial risks of investment even if it is highly promising.
Global Oversight
Getting therenewable energy projectup and running will be Step 1.
The next step will be who and how it is regulated across countries around the world.
Negotiating the regulatory terrain for green energy can prove difficult, Tran said.
Projects may experience delays resulting from local opposition, permit problems, or legislative changes.
These obstacles can lower possible return on investment and raise expenses.
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