Financing synthetic fuels investments in the united states: Public support and private investment

Zvi Adar, Tamir Agmon

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review


The premise is that the United States (US) needs a substantial capacity for producing synthetic fuel and, furthermore, the investment itself will have an immediate beneficial effect for the US consumer. This chapter examines the premises and their policy implications. The necessary investment, given the target level of production, is too large and the risks involved too great to be undertaken by the private sector alone. The Carter administration embarked on a large-scale attempt to produce substantial amounts of coal-based synthetic fuels by using investments by the federal government to spur development. The chapter looks at whether the development of synfuels warrants a support program by the federal government, and if so, what is the best way to provide this support? The development of energy sources within the US has been a major policy goal of the US government since the radical change in the price of oil in 1973.

Original languageEnglish
Title of host publicationProfit and the Pursuit of Energy
Subtitle of host publicationMarkets and Regulation
PublisherTaylor and Francis
Number of pages22
ISBN (Electronic)9781000236415
ISBN (Print)9780367284411
StatePublished - 1 Jan 2019


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