chapter  1
17 Pages

The Promise of a Green Energy Economy

ByJohn Byrne

Several countries recognize the promise of a green energy economy and are creating incentives to ensure that they are manufacturing energy devices. The role of the green energy economy in discussions of potential energy futures has steadily grown. Investment in a green energy economy can potentially establish the infrastructure of a new paradigm. The green energy strategies use domestic energy resources, such as solar irradiation, reduce the length of the supply chain and can lower the risk of political dependence, security conflicts, and environmental harm. Powerful political and economic actors that thrive within the contemporary energy regime perceive such social change as a costly threat—both in political and economic terms. When understood as a problem of political economy, the structure of social valuation in place in the contemporary energy regime clarifies that the transition to a green energy economy will not occur simply because of the recognition of its potential social, environmental.