Describes the current government efforts at demonstration projects and research into carbon capture and storage, including costs of generating coal-fired electricity with CCS technology. The report considers alternate policy scenarios for investment in CCS technology, including increased funding by the Department of Energy, or increased reliance on private sector funding.
Explains why the economic effects of shale gas will be greater in the short term than the long term. Considers how development of shale gas will affect the U.S. budget, the global energy market, and the environment.
Examines the unintended consequences of economy-wide programs such as carbon pricing. Also examines border adjustments, "which could reduce the loss of competitiveness and make the costs of U.S. producers more similar to those of producers in countries that do not impose comparable policies, but such adjustments could be difficult to implement and to defend if challenged as being inconsistent with the General Agreement on Tariffs and Trade (GATT), one of the component agreements of the World Trade Organization (WTO). Transition assistance could also offset the loss of competitiveness."
This report tracks historical and current policies re taxes on energy, renewable energy, energy efficiency. Also tracks expenditures by the Department of Energy to stimulate research on renewable energy.
This report reviews past experience with incentive programs to promote vehicle efficiency and considers the effectiveness of tax credits to promote increased sales, environmental benefits, and economic benefits.