Factors Affecting Clean Energy Investments for Zero Emissions: OECD Countries

Abstract

Clean energy production is becoming the basic need of countries day by day in order to reach the zero-emission target. In particular, energy production with the opportunities offered by nature constitutes the first energy policy of countries. Contrary to the positive effect of clean energy production on environmental factors, significant investments are needed in terms of cost. Especially the high initial setup and operating costs of clean energy-producing facilities and long installation phases are perceived as two essential factors for clean energy. This part of the book includes a statistical analysis of factors, such as country populations, economic indicators, environmental parameters, life expectancy, and rate of energy produced from clean energy, which affects clean energy investments for zero emissions. The data on these factors belong to the OECD members. Based on the results, countries will reach the minimum level in their zero-emission target by increasing the share of clean energy in the total energy produced and taking the factors considered in clean energy production. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.