During the past few decades there has been an advance in the research and development of solving the issue of declining energy resources. Funding by the U.S. government into energy research has risen steeply. Because of the growing importance of research and development in this field of research, in 1973 Resources for the Future undertook a study of energy-associated study, including an investigation of how research on energy R & D itself could be carried out. This title, first published in 1974, assesses a wide range of ways in which economics could contribute to decisions on where and in what amounts government R & D money should be spent. The report also evaluates the research and development approach in relation to other public energy policies or management tools. The book will be of interest to students of environmental studies and economics.

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John E. Tilton

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