Energy Innovations: A Prosperous Path to a Clean Environment


1997
This study analyzes a balanced national strategy that can put the United States on an innovative, prosperous path leading to an economically and environmentally sustainable energy future. This strategy, referred to as the “Innovation Path,” is marked by a set of programs and policies that would guide our economy toward lower cost, less polluting, more secure, and more sustainable ways of producing and using energy. The approach involves setting fair performance standards, creating incentives, providing better information, and reducing transaction costs in order to foster investments in clean and efficient technologies.