Constitutionality of state economic incentives for energy development
Journal Article
·
· J. Energy Law Policy; (United States)
OSTI ID:6973855
In addition to the federal loan and price guarantees of the 1980 Energy Security Act, many energy-rich states are providing financial incentives to energy companies to spur development of their energy resources and to stimulate their economies. State incentives, however, may be restricted by constitutional debt restrictions, which expressly restrict governmental economic aid to private enterprise, and by the public purpose doctrine, which limits public expenditures to those areas serving public purposes. A discussion of constitutional controls on public aid to private enterprise suggests several legal tools state and local governments may take to resolve constitutional problems. 158 references.
- Research Organization:
- Suitter, Axland and Armstrong, Salt Lake City, Utah
- OSTI ID:
- 6973855
- Journal Information:
- J. Energy Law Policy; (United States), Vol. 2:1
- Country of Publication:
- United States
- Language:
- English
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