I don't think that's what he is saying. >Would switching entirely to these clean energy sources raise the price of electricity? Yes—at least if you don’t count

I don't think that's what he is saying. >Would switching entirely to these clean energy sources raise the price of electricity? Yes—at least if you don’t count the cost of the environmental damage caused by fossil fuels, says Richard Schmalensee, MIT’s Howard W. Johnson Professor of Management Emeritus, Professor of Economics Emeritus, and Dean Emeritus of the MIT Sloan School of Management.. The electricity bill will be more expensive, but that's only because the damages to the environment caused by carbon are externalized costs. Presumably, if those externalized costs did show up in the electricity bill today, then it would get cheaper if we switched to renewable. >“If you take into account the total cost of running a system that puts CO2 into the air, [then renewables] will be cheaper,” Schmalensee says