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• Hydrocarbon transition policies will increase the cost of carbon-emitting activities and raise/redistribute revenue to encourage the development of clean technologies. • Transportation innovation policies focus on reducing and eventually eliminating U.S. dependence on oil in the transportation sector, relying on the disincentive to use gasoline provided by the carbon tax while using these tax revenues to bring more efficient vehicles to market at lower costs to businesses and consumers. • Energy efficiency and conservation policies take the “path of least resistance” to a sustainable energy future by encouraging the wide-spread use of those technologies that reduce the nation’s energy consumption. • The renewable electricity development policy and the nuclear development policy both seek to replace hydrocarbon-intensive electricity generation with clean and domestic sources of energy. Their effectiveness depends on the carbon tax, which increases the price of carbon-emitting operations, and research and development investments in advanced renewable power generation, nuclear waste disposal technologies, and low-emitting hydrocarbon-intensive processes; all of which make available new technologies that can replace old pollution-emitting methods of power generation. • Policies to promote public awareness will inform the public about the energy transition and to help consumers make informed choices about products and energy usage. It will increase the transparency of the carbon tax and help drive demand for the most energy efficient products. Combined, these policies if incorporated in a National Energy Plan for 2010-2050 will reduce greenhouse gas emissions, create new domestic industries and green jobs, reduce the costs and consequences of continued reliance on hydrocarbon energy resources, create a diverse energy portfolio that is both more robust and resistant to market volatility, and improve informed consumer choice in energy consumption. Each policy depends on the successful execution of the others. Combined, they are the best approach to an energy technology transition that considers the risks and hardships faced by U.S. citizens and businesses in securing a sustainable energy future. 186PDF Image | Shaping Energy Technology Transition
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