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The Decision To Decentralize Good Provision In The United States: A Study In Clean Energy Policy, Whitney Michelle Davis
The Decision To Decentralize Good Provision In The United States: A Study In Clean Energy Policy, Whitney Michelle Davis
Theses and Dissertations--Public Policy and Administration
Normative economic theory provides justification for at least partially centralized renewable energy provision due to the large, positive externalities associated with renewable energy production. However, the United States is one of the few countries without centralized renewable energy policy. Instead, the federal government actively chooses decentralized renewable energy provision by using fiscal transfers to support subnational renewable energy development. This dissertation explores why U.S. legislators choose decentralized renewable energy provision by asking two primary questions. First, what is the motivation for using federal fiscal transfers for decentralized renewable energy output considering what we know about positive spillovers and market failure …