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There are a few common reasons used to justify a government role in renewable energy investment, including energy security and affordability, the potential for job creation, future economic strategic positioning, and addressing environmental and other externalities.
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A government may promote the use of renewable resources because

  • It does not run out of supply
  • It is environmental friendly

Renewable energy resources are those resources that are usually gotten from those sources that do not run out of supply.

They are used from the earth. Such resources never run out due to excess usage or consumption.

An example of such a resource is the energy from the sun. It has no forms of

  • carbon emissions,
  • It is environmental friendly and
  • It is always in supply.

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