On the surface, green energy sounds like a great idea.
Unfortunately, it is extremely costly and requires heavy government subsidies.
Last year, the epic downfall of Solyndra— the former solar cell manufacturer backed by the Obama administration — was one of the most notorious blows to the industry.
As with most young industries, experts argue that green energy just needs time before it can reach economies of scale and become cost effective.
But lately, those time frames have become extended. Meanwhile, fossil fuels like coal and natural gas continue to be devastatingly cheap.
We pulled together key charts from the studies that are causing people to lose hope in green energy.
Most studies show that renewable energy's per-unit costs are well above fossil fuel costs
Green energy has no fuel costs (see bottom five), but capital costs are extremely high
Even the cheapest forms of green energy (bottom five) tend to be more expensive than the most expensive forms for fossil fuels
See the rest of the story at Business Insider
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