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Despite their economic appeal, many energy-efficient projects are delayed due to organizational barriers.
Governments can tackle this issue by combining tax incentives with voluntary agreements to drive change.
For example, businesses could receive tax benefits for implementing projects identified in energy audits that have payback periods of less than four years or high Internal Rates of Return (IRR).
This approach targets "low-hanging fruits" in energy efficiency—projects that are economically viable yet often overlooked—unlocking their potential and achieving quick, impactful savings.
Posted : 04/12/2024 5:56 pm
