The Role of Green Energy in Balancing Economic Growth and Environmental Sustainability

EasyChair Preprint 14438

Abstract

The transition to green energy is increasingly recognized as a pivotal strategy in balancing economic growth with environmental sustainability. This paper explores the multifaceted role of green energy in achieving this equilibrium. It examines how renewable energy sources, such as solar, wind, and hydro power, contribute to reducing greenhouse gas emissions and mitigating climate change. Simultaneously, the paper analyzes the economic benefits of green energy, including job creation, energy security, and technological innovation. By reviewing case studies from various countries, it highlights successful policies and practices that have integrated green energy into national development agendas. The findings suggest that green energy not only supports environmental goals but also drives economic advancement by fostering a resilient and sustainable energy sector. However, the paper also addresses challenges such as high initial costs and infrastructure needs, proposing solutions to overcome these barriers. Ultimately, it underscores the necessity of continued investment and strategic planning in green energy to harmonize economic and environmental objectives.

Keyphrases: Environmental Sustainability, economic growth, green energy

@booklet{EasyChair:14438,
  author    = {John Owen},
  title     = {The Role of Green Energy in Balancing Economic Growth and Environmental Sustainability},
  howpublished = {EasyChair Preprint 14438},
  year      = {EasyChair, 2024}}