Renewable energy and energy efficiency are generally said to be the "twin pillars" of property energy policy. Each resource should be developed so as to stabilize and scale back dioxide emissions. There are numerous energy policies on a worldwide scale in reference to energy exploration, production and consumption, starting from commodities firms to automobile makers to wind and star producers and business associations. Recent focus of energy economic science includes the subsequent issues: climate change and climate policy, property, energy markets and economic process, economic science of energy infrastructure, energy and environmental law and policies and warming together with exploring varied challenges related to fast the diffusion of renewable energy technologies in developing countries. Most of the agricultural facilities within the developed world are mechanized as a result of rural electrification. Rural electrification has created important productivity gains; however it additionally uses plenty of energy. For this and alternative reasons (such as transport costs) during a low-carbon society, rural areas would want obtainable provides of renewably created electricity.