March 24, 2017

PANEL 5B: COST OF ALTERNATIVE FUELS 9:15 AM  -  10:30 AM PANEL 5B: COST OF ALTERNATIVE FUELS Constitution Ballroom C-E

PANEL 5B: COST OF ALTERNATIVE FUELS

Solar power generation cannot be scaled to replace a large share of total energy consumed in the U.S. or in most other industrialized countries. Wind power generation is limited by geography, access to transmission lines, conversion rates, and limits on power technology.

Reducing global reliance on fossil fuels by 80 percent by 2050 would probably reduce global GDP by some 42 percent – a catastrophe for most people on earth. It is time for the massive subsidies for alternative fuels to end.