Energy policy encompasses the strategies and frameworks governments implement to regulate energy production, distribution, and consumption. This critical area...
The primary goal of energy policy is to ensure a secure, affordable, and sustainable supply of energy for citizens and industries, balancing economic growth with environmental protection goals.
Energy policies significantly impact climate change by promoting renewable energy sources, implementing carbon pricing, setting energy efficiency standards, and regulating fossil fuel emissions to reduce greenhouse gases.
International cooperation is crucial for addressing global energy challenges such as supply security, climate change mitigation, technology transfer, and harmonizing energy trade and infrastructure development.
Key components typically include regulations on energy production and consumption, incentives for renewable energy, energy efficiency standards, infrastructure investment, research and development funding, and international agreements.