Asked by Ranju Guragain on May 17, 2024
Verified
One way to improve energy efficiency is to offer tax credits for investments in energy efficiency.
Tax Credits
Deductions allowed by a government on the taxpayer's income tax if they meet certain requirements, encouraging or rewarding specific behaviors or investments.
Energy Efficiency
The practice or goal of reducing the amount of energy required to provide products and services, aiming to lessen energy consumption and environmental impact.
- Recognize ways to optimize energy utilization.
Verified Answer
SN
Stephen NormanMay 18, 2024
Final Answer :
True
Explanation :
Offering tax credits for investments in energy efficiency can incentivize individuals and businesses to invest in energy-efficient technologies and practices, ultimately reducing overall energy consumption and promoting sustainability.
Learning Objectives
- Recognize ways to optimize energy utilization.