State Policies Can Cut Energy Dependence
Olga Bespalova
MPRA Paper from University Library of Munich, Germany
Abstract:
The United States’ dependence on energy imports of fossil fuels has resulted in political and economic insecurity, as well as the depletion of natural resources and increased pollution. Although renewable energy production also creates negative externalities, their scope is much smaller than those caused by the generation of non-renewable energy. Renewable Portfolio Standards (RPS) requires the electric power industry to include renewable sources of energy. RPS policies can have a significant impact on renewable energy deployment if they have adequate enforcement mechanisms.
Keywords: Renewable Portfolio Standards; electric power industry; renewable energy policy; policy compliance. (search for similar items in EconPapers)
JEL-codes: L5 O38 Q28 (search for similar items in EconPapers)
Date: 2011-08, Revised 2011-11
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117279
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