Mission-oriented innovation policies for renewable energy

This article is a research of the development of renewable energy industry, targeted at countering the problems of conventional energy shortage and human-induced climate change. Referencing decades-long monitoring of air temperature, it is clear that human-induced climate change is real, moreover, many industrially developed countries depend on imports of raw materials and fuel. Renewable energy could potentially help these challenges, which enabled national governments to introduce Mission-Oriented Innovation Policies as a mean of support. Around the world, like in China and in Europe, MOIP differs: it’s either extensive or intensive. The author provides a recap of various national policies for the possible introduction of a similar policy in Russia, and, as of now, European experience could fit Russia better

Keywords: economics, renewable energy, carbon neutrality, mission-oriented innovation policy (MOIP), energy balance.

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