Federal financial incentives to induce early experience producing unconventional liquid fuels

The 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...

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Detalles Bibliográficos
Autor principal: Camm, Frank A., 1949- (-)
Otros Autores: Bartis, James T., 1945-, Bushman, Claudia L.
Formato: Libro electrónico
Idioma:Inglés
Publicado: Santa Monica, CA : RAND Corp 2008.
Colección:Technical report (Rand Corporation) ; TR-586-AF/NETL.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009426441206719
Tabla de Contenidos:
  • Introduction
  • 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.