1GLOBAL ENERGYRenewable energy is the energy that is collected from the renewable and naturallyreplenished sources such as sunlight, wind, rain, waves, tides and geothermal heat. It isresponsible for providing energy in the four significant areas of electricity production, heating orcooling of air and water, transportation and rural energy services. It is the fastest growing sourceof energy in the US which has increased to 67% in 16 years. It makes up to 15% of the total USelectricity production with a large portion coming from the hydropower and wind power. In theinternational level, the renewable energy makes up to 24% of electricity generation with a largepart from hydropower. It was observed by IEA or International Energy Agency that thedevelopment as well as exploitation of the renewable energy technologies is totally dependent ongovernment policies for making it cost- effective. The record from last year focused on theconsumption of 10% energy in all the sectors of USA (Bilgen 2014). The threat of climate change is addressed with a global concern by the UN FrameworkConvention on Climate Change with a long term objective to prevent the harmful substancesfrom interfering with the climate system. With the adaptation to climate change the effects wouldinclude appropriate action for minimizing the damage that can lead to the exploitation ofopportunities (Cole 2015). Adaptation of climate change policies can affectthe economic sectorsand also indulge a number of levels of decision- making. A large amount of subsidy was paid bythe federal government for fossil fuels to renewable in six years from 2002- 08. In March 2017, the new president of the United States Donald Trump signed an orderwhich modified the climate change regulations of Obama government. This had made adetermined effort to provide support to the coal industry which had put a question mark on thesupport of US for a worldwide agreement to battle global warming. The aim of the order wasformer President Obama’s Clean Power Plan which called for a reduction in carbon emission

+13062052269

info@desklib.com