Federal incentives for energy development

Roger H. Bezdek and Bruce W. Cone

Energy, 1980, vol. 5, issue 5, 389-406

Abstract: This paper identifies and quantifies the incentives utilized by the Federal government to encourage the development of U.S. energy resources over the past half century. The incentives granted to the six major conventional sources of energy—nuclear energy, hydropower, coal, oil, natural gas, electricity—are categorized according to eight general types: creation (prohibition) of organizations, taxation, fees, disbursements, requirements, traditional government services, non-traditional government services, and market activity. It is found that through the fiscal year 1977 the Federal government has expended $211 billion for incentives to encourage energy resource development. These incentives were distributed in the following manner: commercial nuclear power, $18 billion; hydropower, $15 billion; coal, $10 billion; oil, $101 billion; natural gas, $16 billion; electricity transmission/distribution, $70 billion. The implications of these findings are discussed briefly.

Date: 1980
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0360544280900158
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:5:y:1980:i:5:p:389-406

DOI: 10.1016/0360-5442(80)90015-8

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().