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Modern industrialized economies are heavily dependent on fossil fuels while carbon emissions have been established as notorious consequence of this reliance on fossil fuel. The

Modern industrialized economies are heavily dependent on fossil fuels while carbon emissions have been established as notorious consequence of this reliance on fossil fuel. The rise of Renewable Energy (RE) technologies should however reduce the carbon emissions, but is coming with emergence of new externalities.

You have been asked to come up with a REPORT evaluating the impact of these externalities associated with the rise of the Renewable Energy RE sector. Requirement of the Assessment: Your report should:

1. present a brief introduction detailing how the concept of RE emerged and what global agencies are doing to curtail climate change;

2. review existing RE technologies and associated negative externalities;

3. evaluate impact of such externalities if RE technologies are deployed in large scale to replace fossil fuel (choose one technology and one country [your country if you wish] as a case study);

4. discuss how if the externalities limit the wide development of the RE technologies; a

5. present a conclusion that ties all the four parts together.

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