Federal energy incentives have chiefly benefited oil, natural gas industries; nuclear, renewables lag

Public interest in the role of federal incentives in shaping today’s energy marketplace and future energy options has risen sharply. That interest has met with frustration in some quarters and half-truths in others because of the difficulty in developing a complete picture of the incentives that influence today’s energy options. The difficulty arises from the many forms of incentives, the variety of ways in which they are funded, managed, and monitored, and changes in the agencies responsible for administering them.

Nuclear electricity: Alternating between hope and fear

Like the courtesan in the novel of 19th century French writer Balzac, atomic energy is a mélange of splendor and misery. It is at once a wellspring of great expectations about reducing reliance on fossil fuels and ridding nations of dependence on imported oil, and a hot bed of nightmares worthy of Dante’s infernal imagery about the land of eternal sorrows.