Renewables Aren’t the Problem—Market Design Is

Donald Trump and crew view renewable energy as an expensive fraud. British industrialists claim that the UK’s green goals make the country too expensive. New York politicians see green energy fueling an affordability crisis. We have argued, on the other hand, that proponents of renewables should push them not because they are greener but rather because they are more economical and less risky than the alternatives. Not everywhere every time, but enough of the time. So, who is right? When customers do see the benefits, is that failure due to…