Order_274855427_edited_by_R.M.(1) (1).edited.docx

Moreover in many low income countries the adoption of

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throughout an economy. Moreover, in many low-income countries, the adoption of the low carbon technologies should be a priority because of the benefits association with it. For instance, it could help the countries in meeting their demand while decreasing carbon emissions and climate change. Significantly, the increasing efforts to reduce climate change require a substantial increase in low-carbon technologies as they bring considerable declines in the release of greenhouse gases. Undeniably, it costs less to adopt low carbon technologies in low-income countries compared to developed nations. According to Baranzini et al., a majority of the low-cost technologies are becoming competitive with fossil fuels (462). For instance, nuclear energy is a more natural method of power generation and a cheaper option based on life-cycle costs. Similarly, solar and wind technology do not require substantial capital investments. Thus, they are easy to adopt in low-income states. Accordingly, carbon technologies induce innovation, which, in turn, lower the costs of carbon and other greenhouse gas emissions. The revenue from
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