Question

Why would it be beneficial to rely 100% on renewable energy resources?

Answer 1

Renewable energy technologies have an enormous potential in the United States and that potential can be realized at a reasonable cost. Market research shows that many customers will purchase renewable power even if it costs somewhat more than conventional power.[1]However, both economic theory and experience point to significant market barriers and market failures that will limit the development of renewables unless special policy measures are enacted to encourage that development.[2] These hurdles can be grouped into four categories: