Energy economics and policy examine how energy resources are produced, priced, distributed, and regulated within economic and political frameworks. Energy economics analyzes costs, investments, market behavior, and demand–supply dynamics, while energy policy establishes rules and incentives for sustainable energy development. Together, they shape energy transitions, renewable deployment, and emission reduction strategies. Policy tools such as carbon pricing, subsidies, efficiency standards, and renewable targets influence market outcomes. Energy economics helps evaluate trade-offs between affordability, security, and sustainability. Effective energy policy balances economic growth with environmental protection and social equity. Understanding energy economics and policy is essential for designing resilient, affordable, and low-carbon energy systems aligned with climate and development goals.
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Nur Hassan, Central Queensland University, Australia
Title : Why should nature be conserved
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Mustafa Ergin Sahin, RTE University, Turkey