By Nancy Folbre, professor emerita of economics at the University of Massachusetts, Amherst | The New York Times
If the faces of renewable energy critics are not red yet, they soon will be. For years, these critics — of solar photovoltaics in particular — have called renewable energy a boutique fantasy. A recent Wall Street Journal blog post continues the trend, asserting that solar subsidies take money from the poor to benefit the rich.
But solar-generated electricity is turning into a powerful environmental and economic success story. It’s also threatening the balance sheets of electric utility companies that continue to rely heavily on fossil fuels and nuclear energy.
As their costs per kilowatt hour have fallen through the floor, solar arrays have hit the rooftops.
Related: Solar Tax Policies Help Level the Playing Field
Illinois Rural Electric Cooperative Opens Solar Facility
Johnson and Salerno: Nevada is Cashing in on Renewable Energy
If you’d like to discuss energy issues, contact Court Rich, director of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
