Wanted: incentives for more efficient fuels' use

Journal Article · Mon Mar 17 04:00:00 EST 1980 · Energy User News; (United States)

OSTI ID:5492622

Reid, R O

The political question of whether new energy-saving technologies are needed and the economic question of how much they will cost are two separate aspects of government intervention in the form of incentives. Government incenties for alternative energy sources are already available, but there is little incentive other than price for conservation. Both enhanced supplies and reduced demand are needed, but government intervention should be non-proscriptive to allow individual investment decision, Mr. Reid feels. Incentives, he says, should reduce oil dependency, be cost-effective, and provide the maximum stimulus per dollar. The Energy Tax Act of 1978, a bill to rebate cash for energy reduction, and a bill to reduce oil and gas consumption through fuel switching are discussed in this context. The pros and cons of each are reviewed in terms of their probable effectiveness and their projected costs. (DCK)

• Research Organization: Energy and Environmental Analysis Inc., Arlington, VA
• OSTI ID: 5492622
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 5:11; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
291000* -- Energy Planning & Policy-- Conservation
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
COST
EFFICIENCY
ENERGY CONSERVATION
ENERGY EFFICIENCY
ENERGY POLICY
ENERGY TAX ACT
FINANCIAL INCENTIVES
FUEL SUBSTITUTION
FUELS
GOVERNMENT POLICIES
LAWS
NATIONAL ENERGY ACT