Why Corporations Embrace Renewable – It All Comes Down To Marginal Costs

8 min read

Historically, government policies imposing lower emissions have had little effect on companies to become greener. Since the first industrial revolution, fossil fuels have provided the majority of the energy needed for industrial use. Profit interests have delayed restrictions on fossil fuel energy because until recently, sourcing renewable energy was too expensive and countries lack the infrastructure needed to support renewable energy alternatives. This made renewable energy an unlikely source for industrial use. Though the Paris Agreement is a symbolic commitment among nations and companies to reduce CO2 emission by 2040, only the private sector can make this commitment a reality,…...

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Fred Romero Fred is the CEO of a prominent large New York City-based non-profit. He obtained a master's degree from Columbia University School of Social Work and a master's degree from CUNY Baruch College Zicklin School of Business.