Why is investment in energy conservation and efficiency a necessary component of any governmental energy policy?
A) it will result in an immediate increase in energy efficiency
B) the market will naturally favor products that are energy efficient in the long term, given enough time
C) it is often difficult for individuals or corporations to make purchases that save money in the long run if they are more expensive over the short term
D) all of these answer choices are correct

Question

Quizplus · Accepted Answer

Investment in energy conservation and efficiency is crucial because individuals and corporations often face challenges in investing in technologies that are costlier upfront but save money over time. Market forces alone may not always ensure the adoption of energy-efficient products quickly enough, and immediate increases in energy efficiency require proactive measures, not just reliance on market evolution.

Why Is Investment in Energy Conservation and Efficiency a Necessary