The biggest reason:
economic incentives currently favor using energy from coal plants, even when low - cost wind or solar is available.
Not exact matches
Implementing a BAT should bolster the competitiveness of US firms, eliminate the existing
incentive to keep profits offshore, and raise the revenue needed to fund a substantial cut in the statutory corporate income tax rate (
currently the highest in the Organisation for
Economic Co-Operation and Development [OECD]-RRB-.
We know how to do all of these things, but the
economic incentives are
currently lacking to get them done on a large scale.
-- Reset
economic incentives so that innovation is driven by wider societal interests and reaches the large proportion of the global population that is
currently not benefitting from these innovations.
Lock - in is less of a problem for new investment in rapidly developing countries where the CDM is
currently the principal
economic incentive to decarbonize new investments.
It uses an
economic analysis of law approach to propose an «
incentive to codify» justification distinguished from the
currently dominant «
incentive to conserve» justification for the protection of TK.