Death of synfuels

Journal Article · · Resources; (United States)

OSTI ID:5355492

Landsberg, H H

The Energy Security Act has not succeeded in developing synthetic fuels for several reasons: (1) The Act established an unrealistic quota and data for production instead of a program for research and development, (2) the $88 billion budget could not be maintained as the overall budget deficit climbed, and (3) the Synthetic Fuels Corporation (SFC) managers took the approach of investment bankers instead of judging applicants on the merits of their technology. As oil prices have fallen to the point where synthetic fuels could not compete, the SFC projects have run into financial problems. Despite the SFC's shortcomings, future energy security will be best served by not dissolving the SFC.

• Research Organization: Resources for the Future, Washington, DC
• OSTI ID: 5355492
• Journal Information: Resources; (United States), Journal Name: Resources; (United States) Vol. 82; ISSN RESUB
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
295000* -- Energy Planning & Policy-- Hydrogen & Synthetic Fuels
BUDGETS
ECONOMICS
ENERGY SECURITY ACT
ENERGY SUPPLIES
FUELS
GOVERNMENT POLICIES
LAWS
MANAGEMENT
NATIONAL ORGANIZATIONS
SYNTHETIC FUELS
SYNTHETIC FUELS CORPORATION
US ORGANIZATIONS