Federal Financial Incentives to Induce Early Experience Producing Unconventional Liquid Fuels
Dec 2008 · Rand Corporation
Ebook
96
Pages
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About this ebook
The government, as a principal, may seek to induce a private investor, as an
agent, to build and operate an unconventional-oil production plant to
promote early production experience with such plants. Facing significant
uncertainty about the future, it also wants to limit the cost to the public
of doing this. This report offers an analytic way to design and assess
packages of policy instruments that the government can use to achieve its
goal.
agent, to build and operate an unconventional-oil production plant to
promote early production experience with such plants. Facing significant
uncertainty about the future, it also wants to limit the cost to the public
of doing this. This report offers an analytic way to design and assess
packages of policy instruments that the government can use to achieve its
goal.
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