Pay to stimulate renewable energy
Energy adviser urges rich countries
Prime Minister's Adviser Dr Tawfiq-e-Elahi Chowdhury yesterday said the developed countries, which are responsible for environmental pollution, should pay the poor countries to stimulate renewable energy.
Speaking at a roundtable at Cirdap auditorium in the city, he said the cost of renewable energy is much higher compared to that of conventional energy.
The funding of additional cost for the renewable energy is yet to be ascertained. “But despite that we have to move for renewable energy for a sustainable and environment- friendly condition", he said.
The Energy and Power magazine organised the discussion titled, “The Role of Feed-in Tariff in Expanding use of Renewable Energy.”
Participants in the function urged the government to find out the way to minimise the cost of renewable energy like solar and biomass system through introducing a feed-in tariff system.
The adviser said most of the developed countries first extracted their underground resources for energy generation and then they moved for renewable energy.
“We should follow the same way as renewable energy is yet to gain the position of conventional energy because of its limitations.”
The function was also addressed by State Minister for Power and Energy Mohammad Enamul Haque.
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