Federal Financial Incentives to Induce Early Experience Producing Unconventional Liquid Fuels

The government, as a principal, may seek to induce a private investor, as anagent, to build and operate an unconventional-oil production plant topromote early production experience with such plants. Facing significantuncertainty about the future, it also wants to limit the cost to the publicof doing...

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Bibliographic Details
Main Author: Camm, Frank (auth)
Other Authors: Bartis, James T. (auth), Bushman, Charles J. (auth), Le, Vi-Nhuan (auth)
Format: Electronic Book Chapter
Language:English
Published: RAND Corporation 2008
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Online Access:DOAB: download the publication
DOAB: description of the publication
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520 |a The government, as a principal, may seek to induce a private investor, as anagent, to build and operate an unconventional-oil production plant topromote early production experience with such plants. Facing significantuncertainty about the future, it also wants to limit the cost to the publicof doing this. This report offers an analytic way to design and assesspackages of policy instruments that the government can use to achieve itsgoal. 
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