Role of the government in subsidizing solar energy

Conference · Tue May 01 04:00:00 EDT 1979 · Am. Econ. Rev.; (United States)

OSTI ID:5590141

Yokell, M D

Government subsidies for solar energy are examined in terms of the rationale for a Federal subsidy program, the type of program required, and the methods used to determine the funding level of each program. Justification for solar energy funding is based on the benefits to social welfare for both first best and second best reasons, which are described. Five policy instruments for optimal and socially acceptable subsidies are needed to solve all the problems outlined in the first- and second-best problems in order to analyze the associated economic problems, define the objectives, choose the proper instruments to meet those objectives, choose specific programs that are within the framework of those instruments, and optimize funding levels. 12 references.

• Research Organization: Solar Energy Research Inst., Golden, CO
• OSTI ID: 5590141
• Conference Information: Journal Name: Am. Econ. Rev.; (United States) Journal Volume: 69:2
• Country of Publication: United States
• Language: English

Related Subjects

14 SOLAR ENERGY
140300 -- Solar Energy-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
299001* -- Energy Planning & Policy-- Solar-- (1989-)
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
ENERGY
ENERGY SOURCES
FINANCIAL INCENTIVES
FINANCING
GOVERNMENT POLICIES
OPTIMIZATION
RENEWABLE ENERGY SOURCES
SOLAR ENERGY
SUBSIDIES