$100 billion
Renewable energy is a noteworthy goal and hopefully it will be cost effective in the future. To stand against renewable energy just because it is renewable would not be a worthy endeavor.
The advantages is that non renewable energy cost less and it's always available.
You need energy to survive
Renewable energy sources like solar and wind are becoming increasingly cost-competitive with fossil fuels like coal and natural gas. The cost of renewable energy has been decreasing over the years, making it a more attractive option for many consumers and businesses. However, the initial investment in renewable energy infrastructure can be higher than traditional fossil fuel infrastructure, but the long-term savings and environmental benefits often outweigh this initial cost.
This is a world-wide problem not confined to any particular country; it exists because the cost of non-renewable energy sources is, so far, significantly less than the cost of renewable sources.
Renewable energy sources like solar and wind are becoming increasingly cost-competitive with fossil fuels like coal and natural gas. The cost of renewable energy has been decreasing over the years, making it a more affordable option for generating electricity. In some cases, renewable energy sources can be cheaper than fossil fuels, especially when considering the long-term environmental and health benefits.
Renewable energy sources are infinite and do not deplete the Earth's resources, unlike non-renewable sources like fossil fuels. Renewable energy also has lower greenhouse gas emissions, contributing to a cleaner environment and helping combat climate change. Additionally, renewable energy technologies are becoming more cost-effective and can create jobs in local communities.
One possible cost of using renewable energy resources is the initial capital investment required for infrastructure, such as solar panels, wind turbines, and energy storage systems. Additionally, renewable energy sources can be intermittent, leading to the need for backup systems or grid enhancements, which can further increase costs. There may also be environmental and social costs associated with land use and the production of renewable energy technologies.
Energy is not renewable. The sources to make that energy may be. After the initial cost of plant and equipment some sources are practically free so the only costs are maintenance costs..
Renewable energy can't run out. Non-renewable energy WILL run out. Renewable energy is produced at a constant rate, non-renewable is not. Renewable energy is free when the generator is built, non-renewable is not. Renewable energy does not cause pollution (with the exception of biofuels), non-renewable energy does.
because itv cost more because it a renewable resource.
The most popular renewable energy sources currently are: Solar energy. Wind energy. Hydro energy. Tidal energy. Geothermal energy. Biomass energy.