Originally published in 1984, this book develops a quantitative model designed for use in the evaluation of the relative merits of alternative energy R&D programmes. It is used to compare the merits of major energy-technology R&D programmes during the 1970s in the USA: Liquid-metal fast breeder reactors, synthetic fuels derived from coal and oil shale and improved efficiency in end-use technologies. The benefits/disadvantages are analyzed in terms of economics, security and the environment. Although published some years ago, the economic benefit assessed is in terms of...