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Toward a balanced energy program

Journal Article · · Challenge; (United States)
Conservation and solar energy emerge as the preferred choices for a balanced national energy program in a Harvard Business School Energy Project report. Conflicting interests and battles over price controls, income distribution, corporate structures, and calculations based on pre-1973 data have obscured the issues of determining the best ways to develop domestic energy resources. After reviewing the outlook for domestic oil and gas, the external costs of coal and nuclear, and the problems of importing oil, the report favors reliance on a corrected marketplace as a politically acceptable solution. Financial incentives to promote conservation and solar energy will give these two options a fair chance to compete with conventional fuels. A program of appropriate incentives is outlined and the case made for government leadership. A balanced program would continue present levels of conventional fuel development, but would divert the resources and effort for any major increments of energy from these fuels to increase the energy contributions of conservation to eight percent and solar from one to four percent of the total energy mix.
Research Organization:
Harvard Univ., Cambridge, MA
OSTI ID:
5778603
Journal Information:
Challenge; (United States), Journal Name: Challenge; (United States) Vol. 22:4; ISSN CHLGB
Country of Publication:
United States
Language:
English