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Appropriate Government Policy Toward Commercialization of New Energy Supply Technologies

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  • Richard Schmalensee

Abstract

This article considers the merits of government support for the commercialization of particular energy supply technologies, and sketches a framework for the economic evaluation of different schemes for such support.' Specific current proposals are not analyzed in detail, as the emphasis is on identifying conditions under *Professor of Applied Economics, Sloan School of Management, Massachusetts Institute of Technology.

Suggested Citation

  • Richard Schmalensee, 1980. "Appropriate Government Policy Toward Commercialization of New Energy Supply Technologies," The Energy Journal, , vol. 1(2), pages 1-40, April.
    • Handle: RePEc:sae:enejou:v:1:y:1980:i:2:p:1-40
    DOI: 10.5547/ISSN0195-6574-EJ-Vol1-No2-1
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    References listed on IDEAS

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    1. Murray L. Weidenbaum & Reno Harnish & James McGowen, 1976. "Government Credit Subsidies for Energy Development," Books, American Enterprise Institute, number 920082, September.
    2. Edwin Mansfield & John Rapoport & Jerome Schnee & Samuel Wagner & Michael Hamburger, 1971. "Research and Innovation in the Modern Corporation," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01639-6, December.
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    Cited by:

    1. Joseph E. Aldy & Todd D. Gerarden & Richard L. Sweeney, 2023. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 10(4), pages 981-1018.
    2. Lucas W. Davis, 2012. "Prospects for Nuclear Power," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 49-66, Winter.
    3. Kolstad, Charles D., 2000. "Energy and Depletable Resources: Economics and Policy, 1973-1998," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 282-305, May.
    4. Beaudoin, Justin & Chen, Yuan & Heres, David R. & Kheiravar, Khaled H. & Lade, Gabriel E. & Yi, Fujin & Zhang, Wei & Lin Lawell, C.-Y. Cynthia, 2018. "Environmental Policies in the Transportation Sector: Taxes, Subsidies, Mandates, Restrictions, and Investment," ISU General Staff Papers 201808150700001050, Iowa State University, Department of Economics.

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    More about this item

    Keywords

    energy policy; new energy technology; government policy;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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