Last updated on: 12/15/2008 | Author:

Congressional Budget Office (CBO) Biography

Not Clearly Pro or Con to the question "Can Alternative Energy Effectively Replace Fossil Fuels?"

“Oil and renewable energy technologies are not expected to compete with nuclear technology as a source of new base-load capacity nationwide. Because of high fuel costs, oil-fired generators are commercially competitive only in a few areas that have limited access to coal and natural gas, most notably, Hawaii. Intermittent technologies such as wind and solar power, which cannot operate much of the day, are not a source of base-load capacity. Other renewable technologies, like geothermal and hydroelectric power, can provide a more consistent flow of electricity but use resources that are mostly available in the West. Biomass technology can generate base-load electricity in certain parts of the country but is typically limited to small applications because fuel costs become prohibitive at large facilities.”

“Nuclear Power’s Role in Generating Electricity,”, May 2008


“CBO was founded on July 12, 1974, with the enactment of the Congressional Budget and Impoundment Control Act (P.L. 93-344). The agency began operating on February 24, 1975, with the appointment of Alice Rivlin as the first director.”

“CBO Fact Sheet,” (accessed Dec. 11, 2008)


“CBO assists the House and Senate Budget Committees, and the Congress more generally, by preparing reports and analyses. In accordance with the CBO’s mandate to provide objective and impartial analysis, CBO’s reports contain no policy recommendations.”

“CBO’s Role in the Budget Process,” (accessed Dec. 11, 2008)

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Quoted in:
  1. Is Nuclear Power Cost-Effective?
  2. Should the US Implement a Carbon Cap and Trade System?