Final answer:
Renewable energy sources have costs and benefits. While the costs include high up-front costs and intermittency, the benefits of renewable energy are its sustainability, reduced emissions, energy independence, and job creation. These costs are likely to diminish over time due to technological advancements and increased market competition.
Step-by-step explanation:
Renewable energy sources, such as solar, wind, water, and biomass, have both costs and benefits. The costs of renewable energy include the high up-front costs of installation and maintenance and the intermittent nature of some sources, like solar and wind. However, the benefits of renewable energy outweigh the costs, as they provide sustainable and clean sources of energy, reduce greenhouse gas emissions, promote energy independence, and create employment opportunities.
Over time, the costs of renewable energy are likely to diminish due to technological advancements, economies of scale, and increased market competition. As renewable energy technologies improve, they become more efficient and cost-effective. For example, the cost of solar panels has significantly decreased over the years, making solar energy more affordable and accessible.