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Monday, May 4, 2009

SEatWtC Part 9: Energy Policy of the United States

The United States
Image courtesy of the Wikimedia Commons
The United States

Energy Policy of the United States

According to online sources, “The energy policy of the United States is determined by federal, state and local public entities in the United States, which address issues of energy production, distribution, and consumption, such as building codes and gas mileage standards. Energy policy may include legislation, international treaties, subsidies and incentives to investment, guidelines for energy conservation, taxation and other public policy techniques. Several mandates have been proposed over the years, such as gasoline will never exceed $1.00/gallon (Nixon), and the United States will never again import as much oil as it did in 1977 (Carter), but no comprehensive long-term energy policy has been proposed, although there has been concern over this failure. Three Energy Policy Acts have been passed, in 1992, 2005, and 2007, which include many provisions for conservation, such as the Energy Star program, and energy development, with grants and tax incentives for both renewable and non-renewable energy. State-specific energy-efficiency incentive programs also play a significant role in the overall energy policy of the United States.

The United States has resisted endorsing the Kyoto Protocol, preferring to let the market drive CO2 reductions to mitigate global warming, which will require CO2 emission taxation. Multiple 2008 U.S. Presidential candidates have published aggressive energy policy platforms, and some propose carbon emission taxation, which could help encourage more clean, renewable, sustainable energy development.”

References

Tune in tomorrow for Part 10 of SEatWtC!

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