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negatively impact the environment; 4) an energy transition may create economic problems or opportunities for the United States; 5) the United States should incorporate increasing amounts of renewable energy technology into its energy portfolio. These findings, along with results from the same interviews regarding the continuing role of hydrocarbons, new energy technologies, energy conservation and efficiency, and energy policy, strengthen the case for a need for change in energy policy direction. Policy recommendations emerging from this investigation are summarized as follows: National Energy Plan, 2010-2050. Replace current energy policies, an agglomeration of uncoordinated standards and programs, with an integrated set of policies to guide the United States through a transition from depletable and polluting hydrocarbon energy sources to an energy economy that relies on nuclear, renewable, and clean hydrocarbon sources of energy. Ensure that the National Energy Plan addresses three critical areas: energy independence and security, economic impact and feasibility, and environmental impact. Hydrocarbon Transition. Establish a national carbon emissions reduction goal of 80 percent by 2050. Establish a national carbon tax of $35 per ton emitted after 2014. Continue the Department of Energy Loan Guarantee Program for low-carbon solutions to coal-based power generation. Continue Clean Coal Initiative, FutureGen, and other federal initiatives to reduce emissions of existing coal and natural gas power facilities. Transportation Innovation. Increase research and development grants for battery and hydrogen fuel cell technology. Maintain current fuel efficiency standards and proposed increases. Repeal the current Renewable Fuels Standard, reinstating it when next- generation biofuels become available. Extend tax credits for purchases of hybrids, plug- in hybrids, pure electric, and hydrogen fuel cell vehicles until these vehicles comprise 50 percent of the U.S. auto fleet. Extend consumer tax credits for converting older vehicles to improved efficiency technologies. Increase research and development to ensure the use of next-generation biofuels, electric batteries, and/or hydrogen fuel cells in heavy trucks, ships, and airplanes. Energy Conservation and Efficiency. Expand minimum efficiency standards to more electric appliances and commercial equipment. Expand and continue financial incentives for renewable energy heating and cooling. Increase investment in energy storage technology. Promote implementation of smart grid technologies. Enhance research and development for more energy efficient products and services. Renewable Electricity Development. Enforce achievement of a national Renewable Portfolio Standard of 15 percent renewable electricity by 2030. Approve tax credits and investment tax credits for renewables. Rapidly deploy and extend new DOE loans for renewable electricity. Continue to support basic and applied research in renewable energy technologies. xxiiPDF Image | Shaping Energy Technology Transition
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