LEADER 03118nam 2200601 a 450 001 9910220158203321 005 20200520144314.0 010 $a1-282-45121-9 010 $a9786612451218 010 $a0-8330-4865-1 035 $a(CKB)2550000000005562 035 $a(EBL)475051 035 $a(OCoLC)313431788 035 $a(SSID)ssj0000337627 035 $a(PQKBManifestationID)11253901 035 $a(PQKBTitleCode)TC0000337627 035 $a(PQKBWorkID)10294325 035 $a(PQKB)11519208 035 $a(MiAaPQ)EBC475051 035 $a(EXLCZ)992550000000005562 100 $a20081215d2008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFederal financial incentives to induce early experience producing unconventional liquid fuels /$fFrank Camm, James T. Bartis, Charles J. Bushman 210 $aSanta Monica, CA $cRAND Corp.$d2008 215 $a1 online resource (97 p.) 225 1 $aTechnical report ;$vTR-586-AF/NETL 300 $aDescription based upon print version of record. 311 $a0-8330-4510-5 320 $aIncludes bibliographical references (p. 75-77). 327 $aIntroduction -- Designing an effective long-term public-private relationship -- Assessing financial effects under uncertainty --Policy effects with 100-percent equity financing -- Policy effects with debt financing -- Implications for robust financial-incentive packages -- Can formal source selection help the government create an integrated policy? -- Conclusions -- Appendixes: A. Structure of the spreadsheet analysis that implements the cash-flow model -- B. How debt and loan guarantees affect investors and the government. 330 $aThe government, as a principal, may seek to induce a private investor, as an agent, to build and operate an unconventional-oil production plant to promote early production experience with such plants. Given this goal,facing significant uncertainty about the future, the government wants to limit the cost to the public treasury of doing this. This report offers an analytic way to design and assess packages of policy instruments that the government can use to achieve its goal. It starts with general principles of the economic theories of contracting and agency. Looking across many alternative futures he 410 0$aTechnical report (Rand Corporation) ;$vTR-586-AF/NETL. 606 $aCoal liquefaction$zUnited States 606 $aFederal aid to energy development$zUnited States 606 $aEnergy development$zUnited States 615 0$aCoal liquefaction 615 0$aFederal aid to energy development 615 0$aEnergy development 676 $a338.2/324 700 $aCamm$b Frank A.$f1949-$0924077 701 $aBartis$b James T.$f1945-$0904741 701 $aBushman$b Claudia L$01103856 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910220158203321 996 $aFederal financial incentives to induce early experience producing unconventional liquid fuels$92876269 997 $aUNINA