Ben Zycher Senate Finance Testimony 3/27/2012

Ben Zycher Senate Finance Testimony 3/27/2012

Download PDF

Renewable power provides only a small proportion of electric power in the U.S., and official projections are for slow growth at most. This market resistance to investment in renewable generation capacity can be explained by the  problems intrinsic to renewable power---that is, the inherent limitations on its competitiveness---that public policies can circumvent or neutralize only at very substantial expense. These problems uniformly yield high costs and low reliability for renewable power.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Benjamin
Zycher
  • Benjamin Zycher is the president of Benjamin Zycher Economics Associates Inc., a senior fellow at the Pacific Research Institute, and an adjunct professor of Economics and Business at the Martin V. Smith School of Business and Economics, California State University, Channel Islands. He is an associate in the Intelligence Community Associates Program of the Office of Economic Analysis, Bureau of Intelligence and Research, U.S. Department of State. He served as a senior staff economist for the President's Council of Economic Advisers from July 1981 to July 1983. While at AEI, he is working on a monograph that will describe the economic viability of renewable energy.
  • Email: benjamin.zycher@aei.org
  • Assistant Info

    Name: Brad Wassink
    Phone: 202-862-7197
    Email: brad.wassink@aei.org

What's new on AEI

image How to beat Memorial Day traffic forever
image Bernanke stumbles, markets react
image Don't edit the First Amendment
image Home Economics
AEI on Facebook
Events Calendar
  • 27
    MON
  • 28
    TUE
  • 29
    WED
  • 30
    THU
  • 31
    FRI
Wednesday, May 29, 2013 | 4:30 p.m. – 6:00 p.m.
Solar radiation management: An evolving climate policy option

As the controversy over climate policy has grown, it has been said that greenhouse gas (GHG) control is too hard but solar radiation management (SRM) is too easy. Join AEI for a discussion of the potential economic benefits, as well as the risks of SRM with Lee Lane, J. Eric Bickel and Nobel Laureate Thomas Schelling. A reception will follow.

Thursday, May 30, 2013 | 12:00 p.m. – 2:15 p.m.
Public employee pensions: How large are the deficits? What changes can be made?

At this event, panelists will address pension reform challenges by presenting the results of three research papers commissioned by AEI through a generous grant from the Smith Richardson Foundation.

Friday, May 31, 2013 | 9:15 a.m. – 11:15 a.m.
Long-term care: Markets or mandates?

Mark Warshawsky, a well-known expert in retirement finance and a newly appointed commissioner, will explain the implications of a publicly funded long-term care insurance program. Then a panel will debate whether another government program the best way to ensure that families can afford to provide the necessary services for their aging loved ones.

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