Three initiatives could lead the way: the polluter pays principle, securing a level playing field and rewarding power sources with positive externalities.
Policy makers around the world stand before a historic opportunity to meet the growing demand for energy without inflicting substantial costs to society due to adapting to climate change and pollution.
Over the coming decades the global energy demand is expected to increase heavily (27-61 per cent. in 2050 according to World Energy Council). At the same time a large number of conventional power plants are aging and will be shut down.
The world needs new capacity and wind energy is a proven technology which can supply part of this quickly and effectively. At the same time, wind energy limits the indirect costs from climate change and pollution, which is an integrated part of power production with fossil fuels. Consequently, wind energy is a very cost effective solution to society.
However, in many countries not all indirect costs are considered in decisions about power production. This leads to suboptimal solutions, and policy changes are needed nationally and globally to alter