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.

The Democrats' proposal to take away tax subsidies from big oil companies sounds like a scapegoating attempt by a gangster government.

Senator Lamar Alexander (R-Tenn.) will discuss his ideas on how to provide affordable, clean energy for Americans.

While Governor Jerry Brown will be safely out of office by the time his wind and solar energy regulations kick in, the rest of us will have to deal with the high costs, low reliability, and environmental degradation attendant upon this latest exercise in the fantasies of renewable power.

Of all the verses in the "China-is-Awesome" hallelujah chorus, none is chanted louder than the fact that China is leaving everyone in the dust in "green" energy, especially wind and solar power. However, the real action is revealed when the absolute numbers are posted up.

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.

The tale is generously sprinkled with facts debunking common misperceptions, and Mr. Yergin sagely analyzes how well the energy industry really works. What he does not do—despite what some readers may long for-is draw many conclusions.