Search

Why to Invest in Renewable Energy in Economic Crisis: Turkey Case

Updated: Nov 24

Writer: Avjin Aktop


Preventing climate change has long been attributed to taking concrete economic measurements and amendments in the laws of countries. Especially incentivizing renewable energy sources that are highly costly to implement is of high importance in transforming from fossil fuel-dominated industries to eco-friendly ones, specifically aiming for a zero-waste world. Since this kind of investment is generally conducted in developed countries that have stable economic growth such as Germany and the UK, prejudgements about whether to invest in renewable energy in recession times are prevalent, deepening further the climate crisis day by day. This paper particularly will analyze th