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Abstract: . . . Nonetheless, the successful achievement of cost-related goals provides some reason for optimism with respect to the role of renewable technologies and of public policy in meeting future challenges such as the reduction in greenhouse gas emissions. Page 7 1 WINNER, LOSER, OR INNOCENT VICTIM? HAS RENEWABLE ENERGY PERFORMED AS EXPECTED? James McVeigh, Dallas Burtraw, Joel Darmstadter, and Karen Palmer * INTRODUCTION AND OVERVIEW At least since the oil spill off the coast of Santa Barbara, California in 1969, . . . . . . the successful achievement of cost-related goals provides some reason for optimism with respect to the role of renewable technologies and of public policy in meeting future challenges such as the reduction in greenhouse gas emissions. Page 7 1 WINNER, LOSER, OR INNOCENT VICTIM? HAS RENEWABLE ENERGY PERFORMED AS EXPECTED? James McVeigh, Dallas Burtraw, Joel Darmstadter, and Karen Palmer * INTRODUCTION AND OVERVIEW At least since the oil spill off the coast of Santa Barbara, California in 1969, the energy . . . . . . that directly affected conventional technologies. Collectively these regulatory, technological, and market structure changes served to reduce generation costs for conventional technologies. 26 To a significant degree, renewable technologies were an innocent victim of these other successes. CONCLUSION This evaluation has a strong bearing on the justification for continued public-sector support for the development of renewable technologies. Prior and sometimes faltering support has taken a variety . . . . . . achievement of cost-related goals provides some reason for optimism with respect to the role of renewable technologies and of public policy in meeting future challenges such as the reduction in greenhouse gas emissions. Page 7 1 WINNER, LOSER, OR INNOCENT VICTIM? HAS RENEWABLE ENERGY PERFORMED AS EXPECTED? James McVeigh, Dallas Burtraw, Joel Darmstadter, and Karen Palmer * INTRODUCTION AND OVERVIEW At least since the oil spill off the coast of Santa Barbara, California in 1969, the energy price upheavals . . . . . . justification for public-sector support. According to this measure, renewable technologies have met the goals set for them, and could be considered an important component of an ongoing movement toward sound energy policy. Whether the level of support has been adequate or should continue we leave to other investigators. 27 As noted previously, in some niche markets apart from the electricity grid, renewable technologies have achieved significant penetration. Page 33 McVeigh, Burtraw, Darmstadter, and . . . . . . Twenty-First Century, Washington, D.C. 33. Regulatory Assistance Project. 1998. Making Room for Renewables, Monday, June 1. Available at: http://www.rapmaine.org/room.html 34. Resources Data International. 1995. Energy Choices in a Competitive Era: The Role of Renewables & Traditional Energy Resources in Americas Electric generation Mix (Alexandria, Va.: Center for Energy & Economic Development). Prepared by Resources Data International, Boulder, Colo. 35. Solar Energy Research Institute (SERI). 1981. A New . . . --3000,6,250,3466,79541
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