Are renewable energy subsidies effectively combating carbon emissions?

Abstract

Rising global carbon emissions is considered the main driver of climate change, which threatens to reduce the habitability of various parts of the world. The largest source of these emissions is electricity generation. As such, renewable energy technologies like wind and solar photovoltaics have been subsidised by developed nations, with the aim of providing a carbon free way of meeting future electricity demand. As the world's electricity production shifts from developed nations to developing nations, it is assumed that the benefits brought about by