Abstract

Existing energy policies remain well short of achieving a rapid transformation to a low carbon system of energy supply. One of the principal reasons has been political resistance from incumbent fossil fuel industries. While numerous studies have demonstrated the influence of business actors across multiple policy domains, less work has examined the behaviour of business actors in individual energy-centric industries, namely the oil, gas, coal, utility and renewable industries. Accordingly, this paper examines the role of business actors in the US energy sector and asks what should policymakers do? Drawing on new empirical data, primarily semi-structured interviewers with business actors across the US energy sector, this paper argues that there are specific strategies policymakers can employ to help overcome the resistance from incumbent fossil fuel industries. Specifically these are to: entrench and build existing interests via targeted sector specific policies; exploit inter-industry and intra-industry divisions; and shift existing interests with policies that induce changes in industry investment and structure.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.