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- W117146530 abstract "Budget cuts in federal nonmilitary spending have affected an industrial-conservation program to foster energy-efficiency improvements. These are not to rely on private-sector investments based on high energy prices. The DOE Energy Research Advisory Board (ERAB) feels that federal leadership and financial support for high-risk research and development is essential to keep industry from importing foreign technology. Industry must balance its nondiscretionary (those necessary to stay in business) and discretionary investments to keep its rate of return equal to the corporation discount rate. The Economic Recovery Tax Act will encourage some risky projects, but studies indicate that it does not provide enough federal cost-sharing. The challenge from foreign industries underscores the national risk of relying solely on market forces to prompt investment decisions. (DCK)" @default.
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- W117146530 date "1982-04-05" @default.
- W117146530 modified "2023-09-28" @default.
- W117146530 title "Federal aid needed in funding energy R and D investments" @default.
- W117146530 hasPublicationYear "1982" @default.
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