On the Economic Impacts of Reweable Energy Acts

In ever changing world where every political decision must conern itself with the effect on the economy, no change in the way our world works is as great as the contiuing shift from the hydrocarbon energy ecoonmy which is defined by dependnce on the use of fossil fuels, such as coal and oil, to the new renewable or green energy economy in which techolgies are being further developed to power our world through clean sources of energy such as wind, hydro power, geotheral, biomass and others. The shift is slow, but it will begin to speed up as the people of both america and the world become further aware of the long term cost of hydrocarbon consumption and effects on the enviroment, and the lowering costs for both personal and buisness use of renwable energy as technoligy becomes more efficant. The econmic benefits of such a shift cannot be deneied, ranging from job creation to positive impacts on the terrif defficit to bennifits in the small buisness sector. In looking at renewable energys impact on the economy the one aspect the most every citizen shall look closely to is the potental of job growth and creation. Utilizing these energy sources are great growth methods for the economy which for too long has been dependent on tradional means, the improvment in the economy comes hand in hand with job creation. Money invested in these energy sources is spent on the materials too build systems such as wind tubines, solar panals and hyrdroelctric dams, the money also extends to payin staff who have been trained to maintane such ewuipment. This is in contrast to useing hydrocarbon energy by which much funds are lost to outside economies used to import the energy to run an industry. In the new energy economy funds shall remain within an area going to the community around it instead of overseas. This is a simple logic