IN WHOSE BEST INTEREST? SYNTHETIC LIQUID FUEL POLICYMAKING

Abstract

The U.S. Congress has been struggling to create a comprehensive energy program. A key component of the present attempt, recommended by President Carter, is a synthetic fuel program. In July of 1979, the President asked for an $88 billion “crash program” to encourage development of synthetic fuels. To date, a three month struggle to reach a consensus between House and Senate conferees has brought only limited results. Compromise is emerging in the form of a proposal for a “synthetic fuels corporation.” The body would have the authority to disperse $20 billion in the form of federal loan guarantees and purchase agreements with more money to become available later.

Citation

CLINGAN, S. (1980), "IN WHOSE BEST INTEREST? SYNTHETIC LIQUID FUEL POLICYMAKING", Studies in Economics and Finance, Vol. 4 No. 2, pp. 17-73. https://doi.org/10.1108/eb028618