Which of the following are barriers to creating a new energy system?

Question

Quizplus · Accepted Answer

All three options – sunk costs in the current system, fewer tax breaks and subsidies for renewable energies than for fossil fuels, and an issue-attention cycle – are significant barriers to creating a new energy system. Sunk costs refer to the money and resources invested in the current energy system, which may make it difficult to transition to new technologies. Tax breaks and subsidies can greatly impact the competitiveness of renewable energies compared to fossil fuels, and the issue-attention cycle refers to the tendency for interest in climate change and alternative energy sources to wax and wane over time.

Which of the Following Are Barriers to Creating a New