By Melissa Anders
Both backers and opponents of Proposal 3 are over-playing the cost implications of the renewable energy mandate, says a University of Chicago professor who’s studied the issue.
“It seems to be considerably less exciting than all the drama on either side. It’s not going to bankrupt Michigan and it’s not free either,” said Elisabeth Moyer, assistant professor of geophysical sciences and a director of the University of Chicago’s Center for Robust Decision-making on Climate and Energy Policy.
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Areas of Focus: Energy Markets, Renewable Energy
Definition
Energy Markets
Well-functioning markets are essential for providing access to reliable, affordable energy. EPIC research is uncovering the policies, prices and information needed to help energy markets work efficiently.
Definition
Renewable Energy
Lower technology costs and supportive public policies are driving an increase in renewable energy in markets around the world. EPIC research is assessing the costs, benefits, and efficiency of policies...