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 ...
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 ...
Japan has the largest Photovoltaic installed capacity in the world as a result of the sustained investments made by the country through carefully coordinated Photovoltaic R&D and deployment, leading to a ‘‘virtuous cycle’’ among R&D, market growth, and price reduction. By the end of 2000, the total installed capacity in the country was 317 MW, of which on-grid distributed generation accounted for more than 252 MW. In 2000, Japan produced 128 MW of PV cells and 136 MW of modules, both of which were well over half of the global production. (more…)
Germany is considered a world leader in wind energy deployment, with electricity production from wind having gone up more than eigh ...
Government expenditures on energy R&D, energy conservation have risen steadily over the past decade, but only two countries, Japan ...
Photovoltaic solar energy once part of industrial phase are absolutely necessary to cut down its production costs for meaningfu ...
The broad range of home solar energy systems are mostly known as Photovoltaic Systems (PV) or Thin Film Solar Technology. The s ...
Not surprisingly, most Energy Research and Development takes place in industrialized countries where both the public and private se ...
For years it was out of desperation that observers have advised and viewed of American energy policy and geopolitical risks regarding American obsession with oil. United States have become very sensitive to permanent events in the Gulf region. But the great surprise was the American public seems quite happy to give thousands of young soldiers in a desert war against other nation with huge cost inline. (more…)
Tanker transportation and oil transport functions as an important link to facilitate the flow of oil and products from their li ...
The entire concept of energy independence revolves around using the resources within a country. Simply put, it's "Stay within ...
In the post-World War II period, until the beginning of the 1970s, oil price fluctuations were very small. From 1949 to 1970, a ...
Natural gas is the fastest growing energy source worldwide, and its share of total energy consumption, according to the EIA, is ...
Here, the sensitivity of energy demand to climate is measured two ways. The first method uses elasticities that provide simple summ ...