In case you haven't noticed...
...our "renewable energy policy" for the last 40 years has resulted in exactly what you describe. Clearly, that approach has not worked. Other than doing more of the same, exactly what would you suggest?
"Investing" in high cost, low output "alternatives" are not investments or alternatives at all. We need to be investing in solutions that are competitive with what we have today. Why? Because we represent a relatively small part of what future energy consumption will be on this planet, and the Chinese & Indians don't care about their burning and poisoning. If alternatives are not competitive on a cost/benefit basis, they won't be using them any more than we'll no longer be able to afford to.