The Role of Renewable Energy In Sustainable Capitalism

Sustainable Capitalism And How Renewable Energy Plays A Pivotal Role In It 

Traditional capitalism seeks for profit regardless of what they are causing to the environment. This unsustainable strategy contributes to climate change. The renewable energy offers a meaningful solution, offering businesses a profitable way while protecting the surrounding.

What Is Renewable Energy

Renewable energy comes from replenishable natural resources like water, sun or wind. Unlike fossil fuels, renewable energy is always available for continuous use, if it is harnessed properly. These energies can be useful to mitigate climate change, and combat the global warming.

Benefits Of Renewable Energy

Here are some of the major benefits of renewable energy:

1. It is replenishable and easily accessible. 2. Helps in reducing the carbon emission 3. Plays a big part in job creation and money savings 4. These are reliable enough to stabilize power grids.

The Future Of Renewable Energy 

Countries like the US are actively making investments to use renewable energy as a part of their daily energy source. The administration of Biden-Harris also financially supported the government to expand the energy grid to meet the demand of clean electricity. If the world similarly tries to harness the renewable energy sources and take part in this transition, we can ensure a sustainable economy and planet.