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The importance of advancing technology to America's energy goals

Author

Listed:
  • Greene, D.L.
  • Boudreaux, P.R.
  • Dean, D.J.
  • Fulkerson, W.
  • Gaddis, A.L.
  • Graham, R.L.
  • Graves, R.L.
  • Hopson, J.L.
  • Hughes, P.
  • Lapsa, M.V.
  • Mason, T.E.
  • Standaert, R.F.
  • Wilbanks, T.J.
  • Zucker, A.

Abstract

A wide range of energy technologies appears to be needed for the United States to meet its energy goals. A method is developed that relates the uncertainty of technological progress in eleven technology areas to the achievement of CO2 mitigation and reduced oil dependence. We conclude that to be confident of meeting both energy goals, each technology area must have a much better than 50/50 probability of success, that carbon capture and sequestration, biomass, battery electric or fuel cell vehicles, advanced fossil liquids, and energy efficiency technologies for buildings appear to be almost essential, and that the success of each one of the 11 technologies is important. These inferences are robust to moderate variations in assumptions.

Suggested Citation

  • Greene, D.L. & Boudreaux, P.R. & Dean, D.J. & Fulkerson, W. & Gaddis, A.L. & Graham, R.L. & Graves, R.L. & Hopson, J.L. & Hughes, P. & Lapsa, M.V. & Mason, T.E. & Standaert, R.F. & Wilbanks, T.J. & Zu, 2010. "The importance of advancing technology to America's energy goals," Energy Policy, Elsevier, vol. 38(8), pages 3886-3890, August.
    • Handle: RePEc:eee:enepol:v:38:y:2010:i:8:p:3886-3890
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    References listed on IDEAS

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    1. Hillard G. Huntington, 2007. "Oil Shocks and Real U.S. Income," The Energy Journal, , vol. 28(4), pages 31-46, October.
    2. Donald W. Jones, Paul N. Leiby and Inja K. Paik, 2004. "Oil Price Shocks and the Macroeconomy: What Has Been Learned Since 1996," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 1-32.
    3. Scott Barrett, 2009. "The Coming Global Climate-Technology Revolution," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 53-75, Spring.
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    Cited by:

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    2. Christos Karolemeas & Stefanos Tsigdinos & Panagiotis G. Tzouras & Alexandros Nikitas & Efthimios Bakogiannis, 2021. "Determining Electric Vehicle Charging Station Location Suitability: A Qualitative Study of Greek Stakeholders Employing Thematic Analysis and Analytical Hierarchy Process," Sustainability, MDPI, vol. 13(4), pages 1-21, February.
    3. Li, Ke & Lin, Boqiang, 2017. "An application of a double bootstrap to investigate the effects of technological progress on total-factor energy consumption performance in China," Energy, Elsevier, vol. 128(C), pages 575-585.
    4. Milan Straka & Pasquale De Falco & Gabriella Ferruzzi & Daniela Proto & Gijs van der Poel & Shahab Khormali & v{L}ubov{s} Buzna, 2019. "Predicting popularity of EV charging infrastructure from GIS data," Papers 1910.02498, arXiv.org.
    5. Hewu Wang & Xiaobin Zhang & Lvwei Wu & Cong Hou & Huiming Gong & Qian Zhang & Minggao Ouyang, 2015. "Beijing passenger car travel survey: implications for alternative fuel vehicle deployment," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(5), pages 817-835, June.

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