Lawrence H. Linden
Published: 1976
Total Pages: 210
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(Cont.) R & D support is the only government policy tool we explicitly examine; we take the view of the R & D planner by assuming that other government interventions in this market, such as changes in the Clean Air Act or fuel economy improvement programs, are uncertain over the time-frame of interest -- the 1980's and 1990's -- and independent of alternative power plant developments. This assumption is realistic because the performance standards actually implemented in such regulatory programs must be tied to the "available technology", and, due to the time scales involved in major technological changes, the "avail power plant technology is and will continue to be the ICE over this timeframe. These regulatory programs therefore have been, and will likely to continue to be, conducted independently of power plant developments. We do address the impacts these programs have on power plant development