Assessing Renewable Energy Loan Guarantees in the United States

Ryan Yonk

A chapter in Sustainable Energy Investment - Technical, Market and Policy Innovations to Address Risk from IntechOpen

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.

Keywords: alternative energy; incentives; loan guarantees; renewable energy finance (search for similar items in EconPapers)
JEL-codes: Q20 Q40 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:204347

DOI: 10.5772/intechopen.93288

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