In the absence of a global framework for regulating emissions, the future of the planet largely rests on choices by private firms and investors regarding which technologies to pursue and commercialize.
by David L. Levy
Despite the mounting evidence of severe climate change, there is a funding crisis for potential solutions. The Department of Energy [...]
by David L. Levy
The American Energy Innovation Council (AEIC) released a new report last week, Catalyzing American Ingenuity: The Role of Government in Energy Innovation, which makes the case that the US government should dramatically increase its investment in energy innovation in order to enhance US competitiveness, energy independence, and create affordable clean-energy alternatives. The [...]
The lesson for public policy here is the importance of structuring incentives and managing expectations to shape business models and channel corporate resources in a positive rather than counterproductive way. In the face of global policy uncertainty, a key task is to maintain momentum by creating a predictable business and regulatory environment.
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