How Clean Energy Projects Can Manage Political Risk
As the global transition from fossil fuels to renewables accelerates, green energy project organizers must develop strategies for managing political risks. With the world still far from achieving carbon neutrality, political risks remain one of the most significant barriers to the expansion of renewables. Nevertheless, renewable energy adoption has advanced considerably in the U.S., aided by falling green energy prices, federal incentives, and state mandates. Between 2014 and 2023, the U.S. added more than 121 gigawatts (GW) of small and utility-scale solar capacity and increased wind capacity by 83%, marking growth rates of 688% and 130%, respectively. However, the current…