Federal Financial Incentives to Induce Early Experience Producing Unconventional Liquid Fuels

• 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
• Subjects: Environmental policy & protocols; Technology: general issues; Political Science; Technology
• Online Access: DOAB: download the publication; DOAB: description of the publication

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...