Justifying incentives for renewable energy in an oil and gas state
Conference
·
OSTI ID:20050754
During the past two decades, many renewable energy technologies have progressed dramatically and are now approaching competitiveness with conventional resources. During this same 20 year period, hydrocarbon production from major oil and gas states has generally declined. In such states, legislators often initiate significant incentives to remedy declining production from mature energy industries while fiercely opposing subsidies to promote new renewable energy development. This paper reviews a few arguments designed to convince decision makers in oil and gas states that renewable energy warrants incentives. These arguments concentrate on two themes: (1) that the renewable energy industry is a legitimate industry that will augment rather than threaten conventional energy industries, and (2) that new investments in renewable energy will yield comparable if not superior benefits in the areas of jobs, taxes, and economic development as equivalent new investments in conventional energy industries.
- Research Organization:
- Virtus Energy Research Associates, Inc., Austin, TX (US)
- OSTI ID:
- 20050754
- Country of Publication:
- United States
- Language:
- English
Similar Records
Quantifying State-Policy Incentives for the Renewable Energy Investor
Incentives for solar energy in industry
Tax policy and producer incentives in the energy crisis
Conference
·
Thu Dec 31 23:00:00 EST 2009
·
OSTI ID:988720
Incentives for solar energy in industry
Technical Report
·
Fri May 01 00:00:00 EDT 1981
·
OSTI ID:6379368
Tax policy and producer incentives in the energy crisis
Conference
·
Sun Dec 31 23:00:00 EST 1978
· Growth and Change; (United States)
·
OSTI ID:6178519