The False Promise of Green Energy illustrates the irresponsibility of attempting to transform modern society with borrowed money, wishful thinking, and bad economics. It shows how the top-down control programs offered by green-energy and green-jobs advocates are unlikely to achieve positive results compared with allowing competitive forces to continue to provide ever greater environmental quality and energy efficiencies.

Andrew P. Morriss is the D. Paul Jones Jr, and Charlene Jones Chairholder in Law and a professor of business at the University of Alabama.