Volume 20 No 9 (2022)
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An Empirical Study to Analyse Contribution Of Solar Energy In Subduing Carbon Footprint
Sunali Verma, Sunali Verma
Abstract
The study tries to explore the potential of solar energy from the economic prosperity of the industrial
sector and how it plays a crucial role in accomplishing sustainable development. The study also identified
how higher economic growth could be attainable through better institutional quality and a lower carbon
footprint. Carbon footprint can be widely evaluated and applied as the activities conducted by an
individual, organization, or over entirely. It is usually expressed in tons of carbon emissions annually.
Solar power is one of the advanced renewable energy sources due to its cost-effectiveness. It emitted
zero-emission, and more limited noise and other associated characteristics make it more inherent and
reliable to meet the requirement for energy and power for a giant population. The research adopted an
empirical methodology based on a sample survey process to evaluate the objection and obtain relevant
outcomes. The survey was conducted among the 102 participants based on numerous questions. The
acquired outcome shows that solar energy has immense potential in subduing the carbon footprint as
well as intensifying the company's innovative measures and other resources. It also encourages the
company to intensify its wealth by reducing fossil fuel expenses, generating carbon offset during carbon
emissions, and obtaining carbon tax relaxation from the government
Keywords
Solar Energy, Carbon Footprint, Significance of solar energy in reducing the Carbon footprint, solar energy and economic growth.
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