Articles

In order to make R&D funding decisions to meet particular goals, such as mitigating climate change or improving energy security, or to estimate the social returns to R&D, policy makers need to combine the information provided in this study on cost reduction potentials with an analysis of the macroeconomic implications of these technological changes. The authors conclude with recommendations for future directions on energy expert elicitations.

The Renewable Fuel Standard (RFS) is among the cornerstone policies created to increase U.S. energy independence by using biofuels. Although greenhouse gas emissions have played a role in shaping the RFS, water implications are less understood. We demonstrate a spatial, life cycle approach to estimate water consumption of transportation fuel scenarios, including a comparison to current water withdrawals and drought incidence by state. The water consumption and land footprint of six scenarios are compared to the RFS, including shale oil, coal-to-liquids, shale gas-to-liquids, corn ethanol, and cellulosic ethanol from switchgrass.

Characterization of the anticipated performance of energy technologies to inform policy decisions increasingly relies on expert elicitation. Knowledge about how elicitation design factors impact the probabilistic estimates emerging from these studies is, however, scarce. We focus on nuclear power, a large-scale low-carbon power option, for which future cost estimates are important for the design of energy policies and climate change mitigation efforts. We use data from three elicitations in the USA and in Europe and assess the role of government research, development, and demonstration (RD&D) investments on expected nuclear costs in 2030.

By analyzing the institutions that have been created to stimulate energy technology innovation in the United States, the United Kingdom, and China—three countries with very different sizes, political systems and cultures, natural resources, and histories of involvement in the energy sector—this article highlights how variations in national objectives and industrial and political environments have translated into variations in policy.

Recent national trends in investments in global energy research, development, and demonstration (RD&D) are inconsistent around the world. Public RD&D investments in energy are the metric most commonly used in international comparative assessments of energy-technology innovation, and the metric employed in this article. Overall, the data indicate that International Energy Agency (IEA) member country government investments have been volatile: they peaked in the late 1970s, declined during the subsequent two decades, bottomed out in 1997, and then began to gradually grow again during the 2000s.

"Without energy, there is no economy. Without climate, there is no environment. Without economy and environment, there is no material well-being, no civil society, no personal or national security. The overriding problem associated with these realities, of course, is that the world has long been getting most of the energy its economies need from fossil fuels whose emissions are imperiling the climate that its environment needs."

"The United States must change the way it produces and uses energy by shifting away from its dependence on imported oil and coal-fired electricity and by increasing the efficiency with which energy is extracted, captured, converted, and used if it is to meet the urgent challenges facing the energy system, of which climate change and energy security are the most pressing. This will require the improvement of current technologies and the development of new transformative ones, particularly if the transition to a new energy system is going to be timely and cost-effective."

Carbon dioxide capture and storage (CCS) links together technologies that separate carbon dioxide (CO2) from fixed point source emissions and transport it by pipeline to geologic reservoirs into which it is injected underground for long-term containment. Previously, models have been developed to minimize the cost of a CCS infrastructure network that captures a given amount of CO2. The CCS process can be costly, however, and large-scale implementation by industry will require government regulations and economic incentives. The incentives can price CO2 emissions, through a tax or a cap-and-trade system, or involve the purchase of CO2 by oil companies for enhanced oil recovery from depleted oil fields.

"Acting on Time on Energy" conference, held at Harvard on 18–19 September 2008, brought together business leaders, investors, academics and government officials, to discuss energy pollcy for the next U.S. Administration. Click here for photos.

The broad concern of this paper is the study of the process by which environmental and politico-strategic concerns have driven the increase in policy activity related to transportation in the United States, and the identification of the main issues of this highly complex policy debate.