Energy Policy and Economics
Energy Policy and Economics is an interdisciplinary field that analyzes how governmental actions and economic principles shape the production, distribution, and consumption of energy. It applies economic theory to evaluate the effects of policies—such as taxes, subsidies, and regulations—on energy markets, investment decisions, and consumer behavior. This applied science addresses critical challenges including energy security, environmental sustainability, and economic efficiency, aiming to create frameworks that balance these often-competing objectives for an affordable and reliable energy future.
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2. Energy Sources and Systems