Last updated on: 3/1/2017 | Author:

Margo Thorning, PhD Biography

Senior Vice President and Chief Economist at the American Council for Capital Formation
Not Clearly Pro or Con to the question "Can Alternative Energy Effectively Replace Fossil Fuels?"

“Globally, fossil fuels will remain the dominant source of energy to 2030…

Coal will see the biggest increase in demand in absolute terms over the next two decades, driven mainly by power generation. China and India account for almost four-fifths of the incremental demand for coal. Coal will remain the second-largest primary fuel, its share in global demand increasing slightly. The share of natural gas also rises. Hydropower’s share of primary energy use rises slightly, while that of nuclear power falls. The share of biomass falls marginally, as developing countries increasingly switch to using modern commercial energy, offsetting the growing use of biomass as feedstock for biofuels production and for power and heat generation. Non-hydro renewables – including wind, solar and geothermal – grow quickest, but from a small base.”

“Energy Security, Energy Poverty and Greenhouse Gas Emission Reductions,” Testimony Before the Committee on Foreign Affairs Subcommittee on Asia, the Pacific, and the Global Environment of the US House of Representatives, July 11, 2007

Involvement and Affiliations:
  • Senior Vice President and Chief Economist, American Council for Capital Formation (ACCF)
  • Managing Director, International Council for Capital Formation
  • Former employee, US Department of Energy
  • Former employee, US Department of Commerce
  • Former employee, Federal Trade Commission
  • PhD, Economics, University of Georgia
  • MA, Economics, University of Texas
  • BA, Texas Christian University
  • None found
Quoted in:
  1. Will Alternative Energy Development Create More Jobs?