How much more will green technologies cost?
Cost works against alternative and renewable energy sources in time of recession.
Windmills and solar panel arrays have become symbols of America’s growing interest in alternative energy, states a New York Times article . Yet as Congress begins debating new rules to restrict carbon dioxide emissions and promote electricity produced from renewable sources, an underlying question is how much more Americans will be willing to pay to harness the wind and the sun.
Curbing carbon dioxide emissions — a central part of tackling climate change — will almost certainly raise electricity prices, experts say. And increasing the nation’s reliance on renewable energy will in itself raise costs.
Fifteen months into a recession, that prospect does not sit well in some quarters.