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Assessing Renewable Energy Loan Guarantees in the United States

In: Sustainable Energy Investment - Technical, Market and Policy Innovations to Address Risk

Author

Listed:
  • Ryan Merlin Yonk

Abstract

Conceived as an idea to push financing toward underdeveloped clean energy technology to improve the environment, promote economic growth, and produce a more secure energy supply, the Title XVII loan guarantee program has likely failed to meet these objectives. Instead, it has been used as a political tool, exposed taxpayers to unnecessary risk, diverted funding from alternative clean energy investments, and primarily benefitted large, politically connected corporations.

Suggested Citation

  • Ryan Merlin Yonk, 2021. "Assessing Renewable Energy Loan Guarantees in the United States," Chapters, in: Joseph Nyangon & John Byrne (ed.), Sustainable Energy Investment - Technical, Market and Policy Innovations to Address Risk, IntechOpen.
    • Handle: RePEc:ito:pchaps:204347
    DOI: 10.5772/intechopen.93288
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    More about this item

    Keywords

    alternative energy; incentives; loan guarantees; renewable energy finance;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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