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TARGETING METHANOL OR OTHER ALTERNATIVE FUELS: HOW INTRUSIVE SHOULD PUBLIC POLICY BE?
Author(s) -
COLLINGE ROBERT A.,
STEVENS ANNE
Publication year - 1990
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.1990.tb00581.x
Subject(s) - alternative fuels , public economics , economics , public policy , energy policy , quality (philosophy) , natural resource economics , business , environmental economics , engineering , renewable energy , waste management , economic growth , electrical engineering , diesel fuel , philosophy , epistemology
Continuing concerns over air quality have prompted calls for governmental targeting of alternative fuels. This paper uses methanol targeting as an example to address the role for public policy in terms of underlying theory and policy options. The paper shows that mandates promoting a transition to alternative fuels are inferior to other policy alternatives. It proposes market‐based alternatives instead.