Sustainable Transportation: Economics Driving Towards Environmental Solutions

Abstract

Energy demand rises along with global population growth and urbanization. Fossil fuels provide a large portion of the world's energy supply, and these sources are quickly being depleted at the current usage rate. Sustainability and social acceptability are fulfilled through an alternative source of energy. Renewable energy sources have been motivated by expanding global energy demand and growing environmental concerns. Renewable energy technologies may help reduce greenhouse gas emissions, improve energy security, and promote rising economies. A review of previous evaluations determines the existing costs of renewable energy relative to other sources of energy and rates the squabble based on past and present prices of renewable energy, providing the cost measurement analysis of available several renewable energy sources.