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The book provides a comprehensive review of renewable energy from an economic perspective throughout the last two hundred years, starting from traditional renewable energy based on bio and hydro energy. The focus is on modern renewable energy based on geothermal, wind, and solar energy. It emerged when innovative entrepreneurs captured opportunities for valuable energy services. As the services with renewable energy expanded, the costs of technologies decreased entailing global commercialisation. This enables larger access to energy and emission reduction of carbon dioxide, but also causes...

This book explains how income growth and better environmental qualities go hand in hand, and reviews the drivers and barriers to sustainable innovation on the basis of real-life cases. It discusses why innovation-based income growth reduces environmental impacts and how the huge global markets for sustainable innovation are currently hampered by protectionist policies. Subsequently, diverse sustainable innovators are presented in ascending order of the complexity of interactions between innovators and stakeholders. In this context, innovating consumers who create communities of peers in...