Public Investments in Energy Technology

Public Investments in Energy Technology

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Escalating energy demand may be the most important issue facing the United States and the world today. There is little disagreement that research and development (RaD) is needed to develop new energy technologies for the future; however, there is less agreement over the specific research agenda to be pursued and how that agenda is funded. This book addresses the social importance of new energy technologies, illustrates policy-relevant applications of evaluation techniques and proposes new perspectives for a US energy investment strategy. Through detailed examples related to solar, geothermal, and vehicle technologies, the authors outline the need for robust evaluation methods to document social returns to taxpayers' RaD investments. They argue that such evaluations are necessary for the public sector to make rational decisions about the allocation of its scares resources. The evaluation methods considered involve developing alternative technology and market pathways from which the benefits of government research can be measured. Researchers and graduate students, policy makers involved in energy technology, and energy RaD program managers will all find much of value in this important and timely book.Diesel engines are traditionally known for high efficiency but also for emitting high levels of oxides of nitrogen (NOx) and particulate matter (PM). Modern diesel engines burn cleaner than their traditional counterparts as a result of advances inanbsp;...

Title:Public Investments in Energy Technology
Author: Michael P. Gallaher, Albert N. Link, Alan O'Connor
Publisher:Edward Elgar Publishing - 2012-01-01

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