Answer :
Keeping energy prices artificially low encourages waste and rapid depletion of energy resources. So, option (b) will be the relevant option.
Give a brief account on energy resources.
Energy sources can be divided into two categories: primary resources, which can be used directly without needing to be transformed into another form, and secondary resources, which must undergo significant transformation before being useable. Primary energy sources include things like wind, solar, wood fuel, fossil fuels like coal, oil, and natural gas, as well as uranium. Electricity, hydrogen, and other synthetic fuels are examples of secondary resources.
The time needed to replenish an energy resource is the basis for another significant classification. The term "renewable" refers to resources that regain their capability throughout time as determined by human demands. Examples include hydroelectric power and wind power, where the major source of energy is a continuing natural phenomenon that is not diminished by human needs. Non-renewable resources are those that have been severely depleted by human use and won't appreciably recover throughout human lives. Coal is an illustration of a non-renewable energy source because it does not naturally occur at a pace that would support human use.
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