Corporate Governance and Rational Energy Choices
Document Type
Article
Publication Title
William & Mary Environmental Law and Policy Review
Abstract
Supposedly there is a shortage of energy. Primary fuels, such as gasoline, heating oil, and natural gas, as well as carrier sources of energy, such as electricity, are selling for some of the highest prices in a generation. If there is a shortage or even a crisis on the horizon, why have American corporations not moved faster to implement renewable energy and self-generation? Economic, legal and regulatory disincentives to such implementation provide the initial answer, but there have also been mixed signals from regulatory agencies. Amid these disincentives and mixed signals, corporations have acted relatively rationally on a short-term planning horizon, but they will soon feel new pressure to reduce their "carbon footprints" by utilizing renewable energy sources.
First Page
113
Last Page
161
Publication Date
10-2006
Recommended Citation
Steven Ferrey, Corporate Governance and Rational Energy Choices, 31 William & Mary Env't L & Pol'y Rev. 113 (2006).
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License