Zeitschrift für Global Economics

Economic Growth and the Transition to Renewable Energy

Abstract

Stephen Kosempel

The transition to renewable energy is becoming increasingly important for economic growth in the 21st century. As global demand for energy increases, the world is looking towards alternative sources of energy that are more sustainable and less harmful to the environment. Renewable energy is the answer to these challenges, as it offers a sustainable, affordable and reliable source of energy that can power economies and create new industries. This article explores the role of renewable energy in economic growth and how the transition to renewable energy can benefit both developed and developing countries.