Electric cars have several benefits over conventional internal combustion engine automobiles, including a significant reduction of local air pollutionas they do not directly emit pollutants such as particulates sootvolatile organic compoundshydrocarbonscarbon monoxideozoneleadand various oxides of nitrogen. For electricity from the grid, the emissions vary significantly depending on your region, the availability of renewable sources and the efficiency of the fossil fuel-based generation used.
More and more shiny solar panels are popping up on the rooftops of your friends and neighbors, and may be seeing local businesses getting in on the action, as well.
Over the past decade, solar power has made great strides in gaining mainstream acceptance. Increased concern over environmental issues has certainly helped its cause, but to the average energy consumer, the energy savings that solar energy can provide are the real draw. In most states, solar energy has reached economic parity with traditional, utility-supplied power, and in many cases, going solar can actually result in substantial long-term savings.
Many state and local governments offer attractive tax incentives for solar like Californiaas well. Taken together, these tax rebates and exemptions have reduced payback times for photovoltaic systems, and allowed solar adopters to reap even greater rewards for going solar.
Solar leasing and power purchase agreements have removed the cost barrier that once kept many home and business owners from reaping the benefits of solar power. New developments in battery technology are about to further level the playing field for solar and other renewable energy sources.
Automaker Tesla recently unveiled an affordable, efficient, scalable, low-maintenance battery solution that would allow consumers to eliminate their dependence on the grid entirely. All in all, solar has undergone a complete renaissance over the past decade, and that trend is showing no signs of slowing down.
On a micro level, solar adopters are saving money on energy and benefitting the local economy by supporting local solar retailers and installers.
But the big story is the impact that solar energy could have on the American economy as a whole. Given the fact that the U. Solar energy diminishes our dependence on foreign oil.
Solar energy also reduces greenhouse gas emissions, which, in addition to their deleterious environmental effects, have very real economic costs. While cap and trade systems aim to make those doing the polluting shoulder the true cost, much of it still exists as an economic externality that must be absorbed by society as a whole.
Is Solar Power an Economic Panacea? Well, that depends on whom you ask. Big utilities may beg to differ, but most experts outside their scope of influence will readily admit that solar energy has the potential to become a strong force for job growth and economic strength.Subscribe now and save, give a gift subscription or get help with an existing subscription.
As solar energy becomes more in demand it provides a boost to the economy in various different ways.
Creates Jobs From installing solar panels on the roofs of individuals’ homes to setting up a solar power plant, workers are required to carry out such tasks.
Employment. One of the most visible impacts cars have on the economy is the creation of jobs at automakers and car dealers. Although American-based auto industry jobs have been on the decline for several decades now, thousands of Americans still make a living designing, building and selling cars.
Thought Of The Day. ADVERTISEMENT. While it is a definitive leap in the right direction for solar-powered cars, the car does not reflect the aesthetic styling of traditional American sedans.
What Stella does show, however, is that solar-powered vehicles are fully capable of competing head on with conventional vehicles. An unbiased and informed discussion of many of the more contentious features of wind power and wind farms. There are some real problems with wind turbines and there are a number of alleged problems that are unfairly used by opponents of wind power to discredit the technology.
The relationship between wind farms and local climate including rainfall.