(OilPrice) A new study from the Brookings Institution, a Washington think tank, argues that using solar and wind energy may be the most expensive alternatives to carbon-based electricity generation, even though they require no expenditures for fuel.
The paper, by economist Charles Frank, compares the benefits and costs of renewable energy. The benefits range from the lack of emissions to the savings in expenditures for fuels. The costs include the construction and maintenance of these plants, and the drop in power generated when winds are calm or the Sun doesn't shine.
Frank's conclusion: Wind and solar power cost far more than anyone expected.
Advertisement - story continues below