Document Type
Article
Publication Date
2009
Publication Title
CATO Journal
Additional Publication URL
http://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2009/5/cj29n2-5.pdf
Abstract
The article presents an analysis of U.S. energy policy, focusing on the question of whether it is able to correct market failures in terms of alternative energy sources. The question of whether any such market failures exist is said to be a separate question, and an argument is presented that governments generally are not competent to fix such problems even when they do exist. A discussion of U.S. energy policy from the early 1970s to the 21st century is presented. Programs designed to encourage technological innovations such as biofeuls, nuclear fusion, and electric vehicles are analyzed.
Rights
Link leads to full text provided by CATO Institute.
Recommended Citation
Grossman, Peter Z., "U.S. Energy Policy and the Presumption of Market Failure" (2009). Scholarship and Professional Work - Business. 27.
https://digitalcommons.butler.edu/cob_papers/27
