Various provisions in the federal income tax treat energy producers more or less favorably than other businesses. By changing the after-tax rate of return on investments in the energy sector, the Tax Code may alter the long-run supply of specific types of energy.
In general, the income of all participants in the energy sector is subject to income tax of one form or another. Two notable exceptions arise in the generation and sale of electricity. Governmental agencies (such as the Tennessee Valley Authority, the Bonneville Power Administration, and municipally owned power companies) account for approximately 14 percent of the electricity sold in the United States. (more…)
Taxation of energy in the United States, the federal government does not impose an energy tax or a general sales tax that is br ...
A number of countries have vehicle tax incentives programs designed to reward purchasers and owners of alternative fuel-efficient v ...
The primary purpose of all forms of taxation, whether on energy or on non-energy items, is to raise money for the government to fin ...
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
Federal Excise Taxes placed on specific energy sources tend to reduce energy demand for these energy sources in both the short ...
Federal Excise Taxes placed on specific energy sources tend to reduce energy demand for these energy sources in both the short and the long run. The federal government imposes excise taxes on almost all petroleum products (including petroleum additives) and coal (see Table 1). The federal government also imposes federal excise taxes on many transportation uses of methanol, ethanol, natural gas, and propane and imposes a fee on electricity produced from nuclear power plants and nuclear power electricity. (more…)
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
Taxation of energy in the United States, the federal government does not impose an energy tax or a general sales tax that is br ...
Analysis of future light-duty transportation energy use require estimates of the impact of fuel prices on travel and fleet fuel ...
Various provisions in the federal income tax treat energy producers more or less favorably than other businesses. By changing t ...
A number of countries have vehicle tax incentives programs designed to reward purchasers and owners of alternative fuel-efficient v ...
Energy quality is the relative economic usefulness per heat equivalent unit of different fuels and electricity. One way of measuring energy quality is the marginal product of the fuel, which is the marginal increase in the quantity of a good or service produced by the use of one additional heat unit of fuel. These services also include services received directly from energy by consumers. Some fuels can be used for a larger number of activities and/or for more valuable activities. For example, coal cannot be used directly to power a computer whereas electricity can. The marginal product of a fuel is determined in part by a complex set of attributes unique to each fuel: physical scarcity, capacity to do useful work, energy density, cleanliness, amenability to storage, safety, flexibility of use, cost of conversion, and so on. But also the marginal product is not uniquely fixed by these attributes. (more…)
Statistics on national production levels and indicators of environmental pressure have been collected during the past few decad ...
The long-term prospects for the U.K. economy are inevitably uncertain, and the most recent Department of Energy long-term proje ...
Energy is consumed by various segments of the economy, including households, commercial establishments, manufacturing enterpris ...
In terms of aggregate health effects, household solid fuel use is currently the most important source of indoor air pollution i ...
From prehistory until the Industrial Revolution, most energy sources used by humans were localized (i.e., available within 5–10 mil ...
Most major oil and gas firms engage in both upstream (i.e., hydrocarbon exploration and production) and downstream (i.e., hydrocarbon refining and marketing) businesses as well as related activities such as chemicals, and their R&D activities serve the needs of these businesses. During the past decade or so, the R&D spending of oil and gas firms has generally declined. According to a DOE survey, R&D spending by major energy producers within the United States declined from $3.05 billion in 1994 to $1.33 billion in 2000. Although not true of all producers internationally, the broad global trend over the past decade or so seems to be along similar lines. (more…)
Tanker transportation and oil transport functions as an important link to facilitate the flow of oil and products from their li ...
The focus of this section is on the quantitative assessment of the impact of oil price fluctuations on inflation. For that purp ...
Various provisions in the federal income tax treat energy producers more or less favorably than other businesses. By changing t ...
The evolution of oil prices is typically subject to a very high degree of uncertainty, given the extremely volatile nature of c ...
There are many possible reasons for suspecting market failure in a product like gasoline. Throughout the world, the exploration ...
Energy is consumed by various segments of the economy, including households, commercial establishments, manufacturing enterprises, and electric power generators. Only a portion of total energy demand is sensitive to temperature changes. (more…)
Here, the sensitivity of energy demand to climate is measured two ways. The first method uses elasticities that provide simple summ ...
To determine the effects of past climate trends on global energy consumption, the econometric equations providing the degree day el ...
Establishing the impact of climate change on energy demand requires a measure of heating and cooling requirements. In the United St ...
Although the focus of many policy studies of climate change is on establishing the causal links between anthropogenic systems, emis ...
Climatologists generally agree that there is accumulating evidence that a warming trend has been occurring since the mid-1960s. The ...
Not surprisingly, most Energy Research and Development takes place in industrialized countries where both the public and private sectors are involved in the development of energy technologies. Given that most energy technologies are deployed through the marketplace, the predominant focus of Energy Research and Development is within firms. Still, governments have historically played an important role in the Research and Development of new energy technologies through direct financial support (e.g., gas turbines) as well as through policies that promote Energy Research and Development within firms. (more…)
Government expenditures on energy R&D, energy conservation have risen steadily over the past decade, but only two countries, Japan ...
The aim of this broad sweep through the area of energy innovation, highlighting the main actors, activities, policies, institutions ...
Nuclear fission and fusion Research and Development continues to account for nearly half of the total spending by IEA countries, al ...
Fossil fuels, had a broader impact in current society, still oil is the one that have far reaching effect. Oil, in all its forms is ...
Electric and gas utilities’ Research & Development activities deal nearly exclusively with energy conversion, distribution, and ene ...
You’re paying a lot more for energy of all kinds these days—oil, gas, and electricity cost double (and in some cases, nearly triple) what they ran you just a few short years ago. The higher cost of energy is also reflected in the price of everything else you buy; energy-related price hikes have been shooting out of sight recently. (more…)
Spring is here, which means that the summer heat is already here in Arizona. We all know how essential having an effective air ...
Did you know that the average American household uses around 10,000 kWh of electricity per year? This amount would be lessened ...
Don't sweat it out when you don't have to. Got your A/C running and still feel warm? Here are some tips that will help keep you ...
Nowadays, a lot more people are increasingly aware of the amount of energy they consumed everyday and what effect it was having ...
A home solar energy system can save you a lot of money on your household electric, gas and other bills. The sunshine is not onl ...
