Society's dependence on energy has been increasing for centuries. Society needs to use the energy it generates for consumption purposes. The amount of energy and the type of energy generated have been found to have contrasting effects on the environment. The environment is one of the biggest concerns affecting people when it comes to the type of energy produced. Environmental activists play an important role in helping to monitor and strive to support government regulations on energy sources. These environmental advocates see the long-term effect of government policy on their communities. Additionally, due to environmental concerns, the government implemented the Clean Air Act of 1990 which is committed to enforcing rules and regulations in the industry. Recently, current issues such as long-term energy supply, energy sustainability, and longevity have led people to start thinking about new ways to address these problems. Therefore, the increase in renewable energy (energy) has triggered research and the possibility of changing the dynamics of the world energy situation. A closer synopsis of global energy concerns leads economists to develop a cost-benefit analysis associated with current energy methods versus future renewable methods. For the purposes of this thesis, the economic effect of wind energy in Europe on the world is presented by considering the question of what positive or negative economic effects wind energy in Europe has on the world, using significant factors to determine the effects of energy wind power in Europe on the world. wind energy. Wind energy is the conversion of wind energy into a useful form of energy, such as using wind turbines to produce electricity, windmills for mechanical power, wind pumps for pumping or draining water, or s...... middle of paper ......d be addressed through changes to current methods and procedures. Ultimately, the future of wind energy is to continue to research, develop and apply best practices. References Hungerford, T., & Streeter, S. Cap and Trade: The Kyoto Protocol, Greenhouse Gas (GHG) Emissions, Carbon Market and Climate Change. Retrieved from http://en.wikipedia.org/wiki/Wind_power Retrieved from http://ascentbusinessinstitute.wordpress.com/ Retrieved from http://en.wikipedia.org/wiki/Wind_power Retrieved from http://www. tutorgig. com/ed/Wind_power Retrieved from http://wind-energy-the-facts.org/en/part-3-economics-of-wind-power/chapter-3-project-financing/ Retrieved from http://windfarmoperator .com/The Economics of Wind Energy. (2009, 3). Retrieved from http://www.ewea.org/fileadmin/ewea_documents/documents/00_POLICY_document/Economics_of_Wind_Energy__March_2009_.pdf