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    "Renewable" Energy Sources for Electricity Generation Economic Analysis and Outlook

    ISBN-10: 0844772224
    ISBN-13: 9780844772226
    Author(s): Benjamin Zycher
    Description: This volume examines the outlook for renewable energy in electricity generation-particularly wind and solar power-as a substitute for conventional fuels such as coal and natural gas. Economist Benjamin Zycher evaluates the central arguments in favor  More...
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    Publisher: American Enterprise Institute for Public Policy Research
    Binding: Paperback
    Pages: 80
    Size: 5.75" wide x 8.75" long x 0.25" tall
    Weight: 0.286
    Language: English

    This volume examines the outlook for renewable energy in electricity generation-particularly wind and solar power-as a substitute for conventional fuels such as coal and natural gas. Economist Benjamin Zycher evaluates the central arguments in favor of policies that would make way for broader use of renewables and concludes that all are deeply problematic. "Renewable" energy sources are not superior in cost to conventional fuels; nor are they less taxing on the environment. The popular argument that increased use of renewables will create "green jobs" is likewise a fallacy-because wind and solar power are costly and inefficient, the net economic impact is a negative one. Zycher concludes that resource-use behaviors emerging from market competition are the best guides to effective, sustainable energy policies.

    List of Illustrations
    Acknowledgments
    Executive Summary
    Introduction
    A Summary of Public Policy Support for Renewable Energy in Electricity Generation
    Appendix to Chapter 1
    Problems Afflicting Renewable Energy in Electricity Generation
    Unconcentrated Energy Content
    Siting Limitations and Transmission Costs
    Low Availability and Intermittency
    Central Rationales for Policy Support for Renewables: A Review
    The Infant-Industry Argument
    Leveling the Playing Field
    Adverse External Effects of Conventional Generation
    The Resource Depletion or "Sustainability" Argument
    "Green Jobs": Renewable Power as a Source of Expanded Employment
    Some Implications of the Outlook for the Natural Gas Market
    Conclusion
    Index
    About the Author

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