U.S. Renewable Energy Consumption by Source (Trillion Btu), 2000–2020:
| Year | Solar | Wind | Hydroelectric | Biomass |
|---|---|---|---|---|
| 2000 | 65 | 57 | 2,731 | 3,010 |
| 2010 | 109 | 946 | 2,602 | 4,286 |
| 2020 | 1,223 | 3,275 | 2,580 | 4,539 |
Source: U.S. Energy Information Administration
Based on the table, which of the following factors best explains the change in consumption of solar and wind energy in the United States from 2000 to 2020?
- The introduction of federal and state tax incentives combined with technological advancements that lowered costsCevap
- BThe deregulation of the energy sector under supply-side economic policies that eliminated standards for fossil fuels
- CA shift to a purely laissez-faire market system that eliminated all federal energy subsidies
- DThe adoption of isolationist trade policies that banned the import of foreign fossil fuels
Cevap
The introduction of federal and state tax incentives combined with technological advancements that lowered costs
The correct answer is correct because federal policies, such as the Production Tax Credit (PTC) and Investment Tax Credit (ITC), combined with state-level renewable portfolio standards and technological innovations, drastically reduced the cost of wind and solar energy, leading to their rapid expansion between 2000 and 2020.
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Anahtar Kavram
The role of government policy and technology in the growth of renewable energy in the 21st century
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