Letter to GAO on Federal Spending in Energy Markets
Excerpt: The federal government currently supports energy-related technologies, projects, and companies through various forms of federal assistance, including grants, direct loans, loan guarantees, and a range of available tax credits. Federal dollars also are used to advance programmatic activities, such as implementation of the federal energy mandates. To date, however, there has been little analysis completed with respect to the impacts such federal interventions and subsidies have on energy markets.
To read the letter, click here.
To read a related press release, click here.