What is the outlook for renewable energy in electricity generation--particularly wind and solar power--as a substitute for such conventional fuels as coal and natural gas?

U.S. House of Representatives hearing on tax policy impacts on the commercial application of renewable energy technology

At this AEI event, experts will discuss the economic burden of ethanol subsidies and the efficiency of Title I of the Farm Bill.

At this event, Robert Bryce discussed his new book, "Power Hungry: The Myths of "Green" Energy and the Real Fuels of the Future."

Two AEI pieces which highlight how overflowing supplies of oil and natural gas undermine the argument for massive subsidies of alternative fuels "that may never deliver competitive bang for the buck."

Despite this support, renewable electricity has only a small share of the market, and ongoing developments in the market for competitive fuels—in particular, the prospect of declining prices for natural gas—make it likely that renewable electricity will continue to face severe constraints in terms of competitiveness for many years to come.

Despite widespread political support and large direct and indirect subsidies from both the federal and stategovernments, renewable electricity—wind and solar power, in particular—produces only 3.6 percent of USpower generation. This small market share suggests inherent limitations that can be overcome only at veryhigh cost.

National, state, and even local governments have taken to promising a rapid overhaul of our energy system from its current basis in fossil fuels to a clean energy system based on renewable energy generated by windmills and solar power stations. These pledges translate into ambitious changes over a very short...