Direct coal liquefaction, a synthetic liquid fuel process, is
one of the major developmental alternatives for meeting the
anticipated fuel demands for the twenty-first century. This work
provides a retrospective assessment of past attempts in this
century to develop synthetic liquid fuel and applies the findings
to produce reliable and pertinent data for the future.
Retrospective technology assessment, a recent methodological
invention, is used by the authors to analyze the past synthetic
liquid fuel programs and the reasons for their failures. Bringing
to bear four different perspectives--economic, technological,
policy, and historical--the authors draw broad conclusions that
will help guide the next development effort in the United
States.
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