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April 2009
5 3/8 x 8, 280 pp.
$24.00/£15.95 (CLOTH)
Short

ISBN-10:
0-262-01294-4
ISBN-13:
978-0-262-01294-2

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Structuring an Energy Technology Revolution
Charles Weiss and William B. Bonvillian

Table of Contents and Sample Chapters

America is addicted to fossil fuels, and the environmental and geopolitical costs are mounting. A federal program—on the scale of the Manhattan Project or the Apollo Program—to stimulate innovation in energy policy seems essential. In Structuring an Energy Technology Revolution, Charles Weiss and William Bonvillian make the case for just such a program. Their proposal backs measures to stimulate private investment in new technology, including a cap-and-trade system or carbon tax, but augments these with a revamped energy innovation system. It would encourage a broad range of innovations that would give policymakers a variety of technological options over the long implementation period and at the huge scale required. Using new organizational features, the program would go beyond traditional research and development efforts to promote prototyping, demonstration, and deployment of technological innovations faster than could be accomplished by market forces alone.

Weiss and Bonvillian propose a new integrated policy framework for advancing energy technology and outline a four-step approach for encouraging energy innovations: assessment of how new technology will be launched, focusing on obstacles that may be encountered in the marketplace; development of technology-neutral policies and incentives, putting new technology pathways into practice to bridge the traditional "valley of death" between research and late-stage development; identification of gaps in the existing system of institutional support for energy innovation; and the establishment of private and public interventions to fill these gaps. This approach aims for a level playing field so that technologies can compete with one another on their merits.

Strong leadership and public support will be needed to resist the pressure of entrenched interests against putting new technology pathways into practice. This book will help start the process.

About the Authors

Charles Weiss is Distinguished Professor of Science, Technology, and International Affairs at Georgetown University's Walsh School of Foreign Service. He was the first Science and Technology Adviser to the World Bank.

William B. Bonvillian is Director of the MIT Washington Office and a former senior adviser in the U.S. Senate. He teaches innovation policy on the adjunct faculty at Georgetown.


Endorsements

"Yes we can! Indeed, this is a book for these times. Providing new vocabulary and new categories, the authors advance the urgently needed conversation about how government can spur the innovations in the energy system that will mitigate climate change. Anyone interested in seeing real progress made by biofuels, renewable electricity, nuclear power, carbon dioxide capture and storage, or auto and building efficiency should read this book."
Robert H. Socolow, Professor, Mechanical and Aerospace Engineering, and Co-Director, The Carbon Mitigation Initiative, Princeton University

"This book provides, in a single volume, a clear and beautifully written review of innovation theory and energy technology. It then uses these insights to propose a practical framework for designing a national policy on energy and climate that draws both on theory and on the authors' extensive practical insights into what can actually be achieved through public policy. Anyone interested in designing an energy policy that actually works, escaping ideological battles and the passions of single-technology advocates, should read this book."
Henry Kelly, President, Federation of American Scientists

"To address global warming, one of the great challenges has always been how to drive innovation in the energy sector. Weiss and Bonvillian peer into this black box and emerge with a blueprint for prosperity at a time when the nation desperately needs it. The links between technology, policy, and progress have never been clearer."
Timothy Profeta, Founding Director, Nicholas Institute for Environmental Policy Solutions, Duke University

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