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• Clean energy technology relies on government subsidies, tax incentives, capital investments, and research and development funding because of market skepticism. (Ch 3, 4, 6, 8) • Without government incentives, the market will not invest in alternative technologies. (Ch 3, 4, 6, 8) • The market price of hydrocarbons does not include social and environmental costs associated with greenhouse gas emissions. (Ch. 2, 8) • Government intervention in the form of a cap-and-trade system or carbon tax could be implemented to reflect the true social and environmental costs of hydrocarbons. (Ch 8) • SOLUTION: The government should require carbon emitting energy industries and consumers to pay the true life cycle cost of energy, while also increasing the funding for research and development of promising clean energy alternatives, ensuring their cost competitiveness. Finding 8: Traditionally, consumers have been largely unaware of the detrimental effects associated with their excessive energy use. • A fundamental behavioral change in the way Americans view and consume energy is required for the United States to reduce greenhouse gas emissions, encourage economic growth, and assure national security. • While aggressive research into energy conserving methods must be encouraged, technologies exist today that could facilitate decreased energy usage with less sacrifice to facilitate the transition. • SOLUTION: A National Energy Plan should incorporate educational tools to help facilitate a cultural shift from using greenhouse gas emitting fuels to clean sources of energy. (Ch 8) 164PDF Image | Shaping Energy Technology Transition
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