Economist and Associate Director of the Maguire Energy Institute at Southern Methodist University
Con to the question "Can Alternative Energy Effectively Replace Fossil Fuels?"
"President Barack Obama, in pursuit of his 'Climate Action Plan,' has been using his executive power in an effort to limit carbon dioxide (CO2) emissions from both new and existing power plants, further increase fuel economy standards for motor vehicles, and provide additional incentives for the development of renewable energy sources. Among these initiatives, the potentially most damaging to the economy are those related to power generation.
Electricity drives our economy, and nearly 40 percent of the electrons on the grid still come from coal-fired power plants, which will be most affected by mandates to reduce CO2 emissions and other greenhouse gases (GHG)...
The improper regulation of GHG’s could drastically reduce the diversity of this country’s energy sources, particularly by minimizing coal-fired power generation, and hold the nation hostage to volatile natural gas prices and intermittent renewables like wind and solar for the next fifty years...
[R]eplacing reliable power sources with intermittent ones can have profound negative impacts for overall system reliability."
"Congressional Testimony of Bernard Weinstein to Subcommittee on Energy and Power," heartland.org, Aug. 2, 2014
Experts Individuals with PhDs, heads of government, members of state or federal legislative bodies, and individuals with graduate degrees and significant post-graduate involvement in alternative energy or fossil fuel issues. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Economist and Associate Director, Maguire Energy Institute, Southern Methodist University
Expert, Heartland Institute
Fellow, George W. Bush Institute
Former Director, Center for Economic Development and Research, University of North Texas, 1989-2009
Former Professor of Applied Economics, University of North Texas
Former Director, Institute of Applied Economics
Former Professor, Rensselaer Polytechnic Institute
"Repeal the Oil Export Ban," heartland.org, Sep. 29, 2014
"The Case Against High-Speed Rail in Texas," tribtalk.org, Aug. 19, 2014
"Weinstein: Constructing Pipeline Could Boost Economy," heartland.org, June 8, 2014
"Why a Biofuel Mandate is Terrible Public Policy," bizjournals.com, May 10, 2013
"Nuclear Non-Proliferation Obligations Must Be Honored," thehill.com, Mar. 19, 2013
"Dr. Weinstein has been a consultant to many companies, non-profit organizations and government agencies, and he testifies frequently before legislative, regulatory and judicial bodies. His clients have included AT&T, Texas Instruments, Reliant, Entergy, Devon Energy, Energy Futures Holdings, the Nuclear Energy Institute, the American Petroleum Institute, the U.S. Conference of Mayors, the Western and Southern Governors Associations, the Cities of Dallas and San Antonio, and the Joint Economic Committee of the U.S. Congress."
Source: John Goodwin Tower Center for Political Studies, "Bud Weinstein," smu.edu (accessed Jan. 14, 2015)