High oil prices and growing worries about climate change have heightened interest in alternative and renewable energy sources, but these frequently cost more than fossil fuels. RAND has explored the feasibility of using renewable resources such as wind power and ethanol to reduce CO2 emissions and enhance energy security, and analyzed the likely effects of such technologies on consumer energy costs.
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RAND Justice, Infrastructure, and Environment;
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Research conducted within RAND Environment, Energy, and Economic Development focuses on environmental quality and regulation; energy resources and systems; water resources and systems; climate, natural hazards, and disasters; and innovation, entrepreneurship, and economic development.
Obama has championed an "all-of-the-above strategy" to develop every available source of American energy "while making sure we never have to choose between protecting our environment and strengthening our economy." Romney would not provide support for ventures in new energy technologies. RAND's research on renewable fuels, oil shale development, and fuel taxes provides options.