renewable energy subsidies

Renewable energy subsidies refer to financial incentives or benefits provided by governments or organizations to support and encourage the production and use of renewable sources of energy, such as solar, wind, geothermal, and hydro power. These subsidies can come in the form of tax credits, grants, loan guarantees, or feed-in tariffs, aiming to make renewable energy more economically competitive and accelerate the transition away from fossil fuels towards cleaner and sustainable energy systems.

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