In the past 60 years, the U.S. government has invested in every part of the energy industry, through direct subsidies, tax incentives, regulatory mandates, research projects, etc. Quantifying the dollar impact is a complex task, but it’s necessary for understanding the realities of U.S. federal energy policy.
Unforeseen consequences of dedicated renewable energy transmission.
Roger H. Bezdek and Robert M. Wendling
Achieving aggressive renewable energy goals will require building thousands of miles of new transmission lines, and these so-called “green-power superhighways” could bring major new sources of low-cost electricity into the market. But will those sources be renewables? Analysts Roger Bezdek and Robert Wendling argue that with new access to distant wholesale markets, coal-fired generation would become more competitive than ever.
Report answers the sticky question: Where'd it go?
Subsidies. It's a word that prompts finger pointing from all directions in the energy industry. Now a new study, Federal Incentives for the Energy Industries, has uncovered which sources of energy (em not which type of provider (em received the most federal dollars over the past 50 years.
But don't expect the finger pointing to stop.
Management Information Services Inc., a Washington, D.C. economic and research consulting firm, found that federal subsidies over the past five decades totaled $564 billion in 1997 dollars.
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