Clean, Green, Renewable: What Could Go Wrong?

Video

Post Event Summary
Recent analyses of renewable energy suggest that the reliance on renewables is leading to less reliable, more expensive energy. On Friday, energy experts expressed conflicting views on the benefits of renewable energy during a lively discussion at AEI of two recent studies. AEI visiting scholar Benjamin Zycher and University of Wyoming professor Timothy Considine presented their monographs, both of which concluded that renewable energy does not solve the energy and economic problems of the United States. Mr. Considine concluded that conventional oil and natural gas bring about the greatest economic development, and that renewable energy subsidies should be diverted to research and development. Zycher’s presentation tore down the five major rationales for renewable energy subsidies, concluding that the subsidies do not create jobs, and that investment in sectors would not be profitable  without energy subsidies.


Jimmy Glotfelty, co-founder and executive vice president of external affairs at Clean Line Energy, raised issues with the renewable energy price data used in both papers, contending that wind energy is both viable and a strong economic driver; Zycher responded that if wind energy were truly competitive, then there would be no need for subsidies. Center for American Progress’s Kate Gordon wrapped up the discussion by pointing out that neither study explored the opportunity costs associated with the status quo. Ms. Gordon observed that in addition to economic considerations, there were environmental, equity, and international competitiveness issues at stake that add an important dimension to the overall discussion.

Event Description

From both the left and the right, "renewable energy" sources such as wind power, solar power and biofuels have been promoted as the answer to a laundry list of energy-related concerns, such as oil price shocks, supply interruptions, funding terrorists, local pollution and global climate change. Many states have enacted renewable energy standards, and, as is often the case in environmental matters, California has been an early leader in implementing ambitious renewable energy standards. But two new analyses suggest that the renewable energy paradigm is failing: rather than providing abundant, affordable energy, the increasing reliance on renewables is leading to less reliable, more expensive energy. Join us as AEI visiting scholar Benjamin Zycher and University of Wyoming professor Timothy Considine discuss the results of their recent research into renewable energy, with counterpoints from Kate Gordon of the Center for American Progress and Jimmy Glotfelty,  co-founder and executive vice president of external affairs at Clean Line Energy.

If you cannot attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Kenneth P.
Green

 

Benjamin
Zycher

What's new on AEI

Holder will regret his refusal to obey the Constitution
image 'Flood Wall Street' climate protesters take aim at their corporate allies
image 3 opportunities for better US-India defense ties
image Is Nicolás Maduro Latin America's new man at the United Nations?
AEI on Facebook
Events Calendar
  • 29
    MON
  • 30
    TUE
  • 01
    WED
  • 02
    THU
  • 03
    FRI
Thursday, October 02, 2014 | 9:00 a.m. – 10:30 a.m.
Campbell Brown talks teacher tenure

We welcome you to join us as Brown shares her perspective on the role of the courts in seeking educational justice and advocating for continued reform.

Event Registration is Closed
Friday, October 03, 2014 | 12:00 p.m. – 1:00 p.m.
Harnessing the power of markets to tackle global poverty: A conversation with Jacqueline Novogratz

AEI welcomes you to this Philanthropic Freedom Project event, in which Novogratz will describe her work investing in early-stage enterprises, what she has learned at the helm of Acumen, and the role entrepreneurship can play in the fight against global poverty.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.