May, 2020 | Tags: R, Renewable Energy, Data Visualization
Climate change is a growing problem that causes storms, droughts, floods, and a rising sea level. To slow down this climate change countries must reduce their greenhouse gas emission. In this report I will discuss policy solutions to incentivize renewable energy, which will reduce the greenhouse emission in the energy sector. The Netherlands introduced a policy in 2020 changing the energy tax to incentivize the use of renewable energy. But is the change of the energy tax the best incentive to stimulate renewable energy? I will discuss the policy in depth and evaluate the effects similar policies have had in the past years to see if this policy incentivizes enough. Also, I will discuss alternative policies which may work better in achieving the goal of the current policy and compare the effects of policies with the same goal from other countries.