Full Title: The Dominant Model of United States Energy Policy
Author(s): Joseph P. Tomain
Publisher(s): University of Cincinnati College of Law
Publication Date: January 1, 1990
Full Text: Download Resource
Description (excerpt):
Section One of this article presents a brief discussion of the historical development of the energy industry in the United States and national energy policy. This discussion demonstrates that over the last 100 years, the United States government has fairly consistently implemented energy policies that are guided by efficiency, that support the market, and that seek to correct market defects. Section Two explains in depth the dominant model that emerges from Section One. It be- gins by examining the unsuccessful attempts by the Carter and Reagan administrations to alter the dominant model. This section also de- scribes how, despite their failures, the lessons of these two presidential administrations are instructive, and how both served, though in differ- ent ways, as a transition to what is now, during the initial years of the Bush administration, an energy policy equilibrium. Section Three presents a brief discussion of current federal energy initiatives, con- tending that these initiatives are consistent with the model.