Smart Energy Policy: An Economist's Rx for Balancing Cheap, Clean, and Secure Energy

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Yale University Press, May 14, 2014 - BUSINESS & ECONOMICS - 202 pages
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While everyone wants energy that is clean, cheap, and secure, these goals often conflict: traditional fossil fuels tend to be cheaper than alternative fuels, but they are hardly clean or (in the case of oil) secure. This timely book provides an easy-to-understand explanation of the issues as well as sensible proposals for a truly sustainable energy policy. Economist James Griffin points out that current energy policies are fatally flawed and that government policies should focus on getting the prices right so that the prices of fossil fuels reflect their true costs to society--including greenhouse gas and security costs. By using carbon and security taxes, alternative energy forms will be able to compete on a more even playing field against fossil fuels. This will unleash advances in alternative energy and conservation technologies enabling the marketplace and consumers to find the right balance among energy sources that are cheap, clean, and secure.
 

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Contents

An Overview from 30000 Feet
1
1 The Three Conflicting Goals of Energy Policy
11
2 The End of Cheap Oil?
30
3 Oil Security in an Increasingly Insecure World
71
4 Climate Change and the Search for Clean Energy
103
5 Climate Change and the Difficult Search for Institutions and Policies
123
6 A Smart Energy Policy
147
Notes
167
References
179
Index
189
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