Green power faces many hurdles

Renewable energy–green power–is in the news and on the floor of Congress. The Senate is currently mulling over a bill from the House of Representatives to implement sweeping changes to America’s energy sector. Billions of dollars could be added to our national debt to subsidize a fledgling green energy industry.

The question is whether or not we should. Renewable energy faces many hurdles before it is “ready for prime-time”, not the least of which is the ability for the industry to sustain itself long-term without government subsidies. Simply put, green energy has to provide sufficient profit for companies to invest in the infrastructure needed to produce it. Without government subsidies–or enormous cost increases–that is not currently possible.

Examiner