Prospects and Difficulties of the Green Economy

Muhammad Luqman El Hakim, Maryam Batubara

Abstract


The "green economy" is an excellent concept that promotes long-term resource development while remaining environmentally conscious. The green economy advocates for low-carbon, inexhaustible, and efficient resources, as well as long-term use of renewable energy sources.Implementing the green economy concept presents both opportunities and challenges. Some of the most promising opportunities are the availability of energy sources that are renewable, the opportunity for innovation and job growth, and the long-term benefits. However, there are hurdles, such as vague government policies concerning the environmental economy, industry concentration on carbon and fossil fuels, and fluctuations in costs of operation that undoubtedly emerge from improvements to the green economy concept.

Keywords: Prospect, Dificulties, Green Economy


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