Renewable Energy Transition in Kenya Boosts Economy, Reduces Inequality
The article examines how changing to cleaner energy sources in Kenya affects the economy. By using a special computer model, it predicted that using more geothermal power can lower electricity costs and boost the economy a bit. This change could also benefit wealthier households more than poorer ones, mainly due to better wages and returns on investments increasing. Overall, the switch could help everyone in Kenya, but those with more money might see slightly bigger gains. The impact on different industries and employment levels is expected to be minimal.