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consumption of fossil fuels in the transportation sector.49 Measures to reduce consumption in the industrial sector were process innovation, improvement, and electrification.50 Perry Been further recommended offering education in each of the four sectors as a way to decrease U.S. reliance on fossil fuels.51 Tommi Makila suggested that implementing a carbon tax in the transportation and industrial sectors would decrease reliance on fossil fuels.52 Energy Policy Any energy transition must be motivated by proper market incentives. All of the experts agreed that increasing the cost of carbon-based fuels and reducing the costs of renewable energy technologies would be required for a transition to occur.53 This conclusion is also illustrated in Figure 8.6, which shows the frequency of responses of the top five policy recommendations. Most experts recommended a combination of increased research and development funding and various forms of tax credits for renewable energy technologies, along with an additional pricing scheme for carbon-based sources of energy. One of the respondents, David Spence, an expert on solar energy, also emphasized the importance of the support technologies, energy storage and smart meters, for renewable energy technologies to become competitive in the market.54 Figure 8.6 Policies Recommended in the Responses to the Policy Questions 6 5 4 3 2 1 0 Policies Recommended in the Responses to the Policy Questions R&D Funding Price Carbon Number of experts who recommended each policy Smart Grid Tax Credits Federal RPS Note that “Price Carbon” refers to the government setting a price on carbon emissions. Experts did not indicate a preference for a cap-and-trade system versus a carbon tax within these policy responses. 153PDF Image | Shaping Energy Technology Transition
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