America plans to reduce its emissions by eliminating fossil fuels from energy generation and replacing fossil fuel-dependent technology with alternatives that run on renewable energy. Certain policy measures including the 2022 Inflation Reduction Act (IRA) have reduced clean-energy prices to such a degree that renewables now cost the same as generating energy from combusting fossil fuels.
Although making green energy as affordable as fossil-fuel energy is a major step toward achieving a carbon-free economy, a new report has highlighted noncost factors that are slowing down green energy adoption in the United States. After analyzing different modeling scenarios, the…
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