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The United States Energy Policy: At a Turning Point

Sophie Méritet and Fabienne Salaün

Chapter 6 in The New Energy Crisis, 2009, pp 173-201 from Palgrave Macmillan

Abstract: Abstract The exceptional development of American capitalism was founded upon abundant, cheap and domestic energy resources: coal, oil, natural gas, hydroelectricity and nuclear. The abundance, low prices and low taxes did not encourage energy efficiency. The United States consumes roughly 70 per cent more energy per capita or per dollar of GDP than most other developed countries. The country, which represents 5 per cent of the world’s population accounts for 25 per cent of the world’s energy consumption.

Keywords: Energy Crisis; Independent System Operator; Renewable Portfolio Standard; Clean Coal Technology; Enron Case (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24223-4_7

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DOI: 10.1057/9780230242234_7

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