Tara Laan, Todd Alexander Litman and Ronald Steenblik
Posted on:
7/24/2009
This study aims to reduce this complex debate to two simple questions: how much money are Canadian federal and provincial governments spending to support liquid biofuels—fuel-grade ethanol and biodiesel—and does it represent good value-for-money to Canadian taxpayers?
Within the past year, estimates of the cost of nuclear power from a new generation of reactors have ranged from a low of 8.4 cents per kilowatt hour (kWh) to a high of 30 cents. This paper tackles the debate over the cost of building new nuclear reactors.
Advocates of nuclear power are promoting a “nuclear renaissance,” based on claims that a new generation of reactors will produce relatively cheap electricity while solving the threat posed by global climate change. As of October 2008, U.S. utilities and power producers had already proposed building…
Federal Renewable Fuel Standards (RFS) were nearly quintupled in the 2007 Energy Independence and Security Act, mandating use of 36 billion gallons of biofuels per year by 2022. Because key federal subsidies scale linearly with production without limit, biofuels will receive more than $400 billion…
A case study of the proposed new reactor at Calvert Cliffs in Lusby, MD provides a useful window into the dynamics and implications of federal nuclear policy today. The analysis demonstrates not only that the taxpayer ends up as the largest de facto investor in this project, but also that while we…
Government involvement in financing large scale energy projects has a checkered past. Historical forays into loan guarantees for biofuels and syn-fuels have been expensive failures. Large hydroelectric dams and federally-owned uranium enrichment facilities were built and operated as government…
Many organizations and key members of government believe that US energy markets need to embark on an accelerated transition off of oil. Some focus on diversification away from oil imports in order to stop funding countries that don't like us much. Others focus on climate change worries, working to…
Tracking energy subsidies for a single country is a challenging task; trying to measure them globally is even more so. Multi-country studies of fossil fuel studies have been done, and normally use a price gap measure. This approach compares the world price of the energy commodity with a transport…
This chapter reviews the major policy developments affecting the fuel-ethanol industry of the United States since the late 1970s, quantifies their value to the industry, and evaluates the efficacy of ethanol subsidization in achieving greenhouse gas reduction goals. Total support to ethanol is…
