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| business energy efficient tax credit: Energy Tax Incentives United States. Congress. Senate. Committee on Finance. Subcommittee on Energy and Agricultural Taxation, 1991 |
| business energy efficient tax credit: Energy Tax Incentives Molly Sherlock, 2012-10-20 The majority of energy produced in the United States is derived from fossil fuels. In recent years, however, revenue losses associated with tax incentives that benefit renewables have exceeded revenue losses associated with tax incentives benefitting fossil fuels. As Congress evaluates the tax code and various energy tax incentives, there has been interest in understanding how energy tax benefits under the current tax system are distributed across different domestic energy resources. In 2010, fossil fuels accounted for 78.0% of U.S. primary energy production. The remaining primary energy production is attributable to nuclear electric and renewable energy resources, with shares of 11.2% and 10.7%, respectively. Primary energy production using renewable energy resources includes both electricity generated using renewable resources, including hydropower, as well as renewable fuels (e.g., biofuels). The value of federal tax support for the energy sector was estimated to be $19.1 billion in 2010. Of this, roughly one-third ($6.3 billion) was for tax incentives that support renewable fuels. Another $6.7 billion can be attributed to tax-related incentives supporting various renewable energy technologies (e.g., wind and solar). Targeted tax incentives supporting fossil energy resources totaled $2.4 billion. This report provides an analysis of the value of energy tax incentives relative to primary energy production levels. Relative to their share in overall energy production, renewables receive more federal financial support through the tax code than energy produced using fossil energy resources. Within the renewable energy sector, relative to the level of energy produced, biofuels receive the most tax-related financial support. The report also summarizes the results of recently published studies by the Energy Information Administration (EIA) evaluating energy subsidies across various technologies. According to data presented in the EIA reports, the share of direct federal financial support for electricity produced using coal, natural gas and petroleum, and nuclear energy resources was similar in 2007 and 2010. Between 2007 and 2010, however, the share of federal financial support for electricity produced by renewables increased substantially, and federal financial support for refined coal disappeared. Projections of the annual cost of energy-related tax provisions through 2015 show that, under current law, tax-related support for renewable fuels will effectively disappear after 2012. The amount of tax-related support for renewable electricity is also scheduled to decline over time given the recent expiration of the Section 1603 grants in lieu of tax credits program and the scheduled expiration of other tax incentives for renewable electricity, such as the production tax credit (PTC). The value of energy-related tax provisions that benefit fossil fuels is projected to remain relatively constant over time, under current law, as most provisions that benefit fossil fuels are permanent Internal Revenue Code (IRC) provisions. |
| business energy efficient tax credit: Residential Energy Tax Credits Margot L. Crandall-hollick, Molly F. Sherlock, 2012-10-22 Currently, taxpayers may be able to claim two tax credits for residential energy efficiency: one is scheduled to expire at the end of 2011, whereas the other is scheduled to expire at the end of 2016. The nonbusiness energy property tax credit (Internal Revenue Code (IRC) §25C) currently provides homeowners with a tax credit for investments in certain high-efficiency heating, cooling, and water-heating appliances, as well as tax credits for energy-efficient windows and doors. For installations made during 2011, the credit rate was 10%, with a maximum credit amount of $500. The credit available during 2011 was less than what had been available during 2009 and 2010, when taxpayers were allowed a 30% tax credit of up to $1,500 for making energy-efficiency improvements to their homes. The residential energy efficient property credit (IRC §25D), which provides a 30% tax credit for investments in properties that generate renewable energy, such as solar panels, is scheduled to remain available through 2016. Advances in energy efficiency have allowed per-capita residential energy use to remain relatively constant since the 1970s, even as demand for energy-using technologies has increased. Experts believe, however, that there is unrealized potential for further residential energy efficiency. One reason investment in these technologies might not be at optimal levels is that certain market failures result in energy prices that are too low. If energy is relatively inexpensive, consumers will not have a strong incentive to purchase a technology that will lower their energy costs. Tax credits are one policy option to potentially encourage consumers to invest in energy-efficiency technologies. Residential energy-efficiency tax credits were first introduced in the late 1970s, but were allowed to expire in 1985. Tax credits for residential energy efficiency were again enacted as part of the Energy Policy Act of 2005 (P.L. 109-58). These credits were expanded and extended as part of the American Recovery and Reinvestment Act of 2009 (ARRA; P.L. 111-5). The Section 25C credit was again extended, at a reduced rate, and with a reduced cap, through 2011, as part of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (P.L. 111-312). Although the purpose of residential energy-efficiency tax credits is to motivate additional energy efficiency investment, the amount of the investment resulting from these credits is unclear. Purchasers investing in energy-efficient property for other reasons—for example concern about the environment—would have invested in such property absent tax incentives, and hence stand to receive a windfall gain from the tax benefit. Further, the fact that the incentive is delivered as a nonrefundable credit limits the provision's ability to motivate investment for low- and middle income taxpayers with limited tax liability. The administration of residential energy-efficiency tax credits has also had compliance issues, as identified in a recent Treasury Department Inspector General for Tax Administration (TIGTA) report. There are various policy options available for Congress to consider regarding incentives for residential energy efficiency. One option is to let the existing tax incentives expire as scheduled. A second option would be to extend or modify the current tax incentives. S. 3521, the Family and Business Tax Cut Certainty Act of 2012, would extend the 25C credit for two years—2012 and 2013. Another option would be to replace the current tax credits with a grant or rebate program—the Home Star Energy Retrofit Act of 2010 (H.R. 5019 / S. 3177 in the 111th Congress), for example. Grants or rebates could be made more widely available, and not be limited to taxpayers with tax liability. Enacting a grant or rebate program, however, would have additional budgetary cost. |
| business energy efficient tax credit: Industrial and Commercial Energy Tax Credits United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management, 1982 |
| business energy efficient tax credit: Tax Aspects of President Carter's Energy Program United States. Congress. House. Committee on Ways and Means, 1977 |
| business energy efficient tax credit: Tax Policy and the Economy , 1993 |
| business energy efficient tax credit: Industrial Energy Efficiency and Fuel Conversion Tax Incentive Act United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally, 1981 |
| business energy efficient tax credit: Hydrogen and Fuel Cell Johannes Töpler, Jochen Lehmann, 2015-12-20 This book introduces readers to hydrogen as an essential energy carrier for use with renewable sources of primary energy. It provides an overview of the state of the art, while also highlighting the developmental and market potential of hydrogen in the context of energy technologies; mobile, stationary and portable applications; uninterruptible power supplies and in the chemical industry. Written by experienced practitioners, the book addresses the needs of engineers, chemists and business managers, as well as graduate students and researchers. |
| business energy efficient tax credit: Tax Aspects of the President's Economic Program United States. Congress. House. Committee on Ways and Means, 1981 |
| business energy efficient tax credit: International Energy Conservation Code International Code Council, 2010-01-22 The Study Companion is a comprehensive self-study guide for the 2009 International Energy Conservation Code. Ten study sessions cover administration and enforcement as well as energy efficiency in residential and commercial structures. A 20-question quiz is provided at the end of each study session. |
| business energy efficient tax credit: Self-employment Tax , 1988 |
| business energy efficient tax credit: Renewable Energy and Energy Efficiency Incentives Lynn J. Cunningham, Beth A. Roberts, 2011-08 Recently, there have been growing concerns about the availability and cost of energy and about environ. impacts of fossil energy use, especially global climate change. Those combined concerns have rekindled interest in energy efficiency, energy conservation, and the development and commercialization of renewable energy technologies. This report describes federal programs that provide grants, loans, loan guarantees, and other direct or indirect regulatory incentives for energy efficiency, energy conservation, and renewable energy. For each program, the report provides the administering agency, authorizing statute(s), annual funding, and the program expiration date. Charts and tables. This is a print on demand report. |
| business energy efficient tax credit: S. 2635, the Small Business Energy Conservation Act United States. Congress. Senate. Select Committee on Small Business, 1980 |
| business energy efficient tax credit: Technical Explanation of the Energy Tax Incentives Act of 2003 , 2003 |
| business energy efficient tax credit: Residential and Commercial Energy Conservation United States. Congress. Senate. Committee on Energy and Natural Resources, 1980 |
| business energy efficient tax credit: Energy Tax Policy Act of 2001 United States. Congress. House. Committee on Ways and Means, 2001 |
| business energy efficient tax credit: Administration's Fiscal Year 1983 Economic Program United States. Congress. House. Committee on Ways and Means, 1982 |
| business energy efficient tax credit: Subcommittee Field Hearing on the Impact of Energy Policy on Small Businesses United States. Congress. House. Committee on Small Business. Subcommittee on Investigations and Oversight, 2009 |
| business energy efficient tax credit: Energy Tax Incentives Act of 2003 United States. Congress. Senate. Committee on Finance, 2003 |
| business energy efficient tax credit: Foundations of Sustainable Business Nada R. Sanders, John D. Wood, 2024-02-13 An insightful and easy-to-follow introduction to the defining business sustainability issues of our generation Describing sustainable business from the perspective of management, Nada R. Sanders and John D. Wood explain how and why increased consumer and regulatory pressure for sustainable performance is driving changes in core business functions, legal frameworks, metrics, reporting, and more. Clear and accessible chapters offer comprehensive, well-balanced coverage of key concepts in social, economic, and environmental sustainability, supported by original case studies, real-world examples, practice quizzes, and other learning tools. Now in its third edition, Foundations of Sustainable Business; Theory, Function, and Strategy provides a thorough introduction to the social and environmental issues defining contemporary markets and societies. Designed to prepare aspiring business leaders to tackle urgent problems with a direct impact on their firms’ bottom lines, this respected textbook employs a qualitative learning process that walks students through the application of sustainability concepts to leadership, finance, accounting, risk management, marketing, supply chain management, and operations. Written by a business thought-leader and a public interest policy expert, Foundations of Sustainable Business: Theory, Function, and Strategy, Third Edition is an excellent primary or supplementary textbook for undergraduate and graduate courses in business administration, management, and marketing. It is also an invaluable resource for business leaders looking for an intuitive and incisive introduction to sustainability concepts relevant to modern professionals, managers, and executives. |
| business energy efficient tax credit: Energy Tax Incentives Driving the Green Job Economy United States. Congress. House. Committee on Ways and Means, 2011 |
| business energy efficient tax credit: The Effects of the High Cost of Natural Gas on Small Businesses and Future Energy Technologies United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Finance, and Exports, 2006 |
| business energy efficient tax credit: Parking Cash Out , 1994 |
| business energy efficient tax credit: Energy Conservation and Small Businesses United States. Congress. House. Committee on Small Business. Subcommittee on Energy, Environment, and Safety Issues Affecting Small Business, 1982 |
| business energy efficient tax credit: Energy Tax Incentives Act of 2002 United States. Congress. Senate. Committee on Finance, 2002 |
| business energy efficient tax credit: The Project Finance Law Review David F. Asmus, 2020 |
| business energy efficient tax credit: Sustainable Food Waste-to-Energy Systems Thomas Trabold, Callie W. Babbitt, 2018-09-05 Sustainable Food Waste-to-Energy Systems assesses the utilization of food waste in sustainable energy conversion systems. It explores all sources of waste generated in the food supply chain (downstream from agriculture), with coverage of industrial, commercial, institutional and residential sources. It provides a detailed analysis of the conventional pathways for food waste disposal and utilization, including composting, incineration, landfilling and wastewater treatment. Next, users will find valuable sections on the chemical, biochemical and thermochemical waste-to-energy conversion processes applicable for food waste and an assessment of commercially available sustainable food waste-to-energy conversion technologies. Sustainability aspects, including consideration of environmental, economic and social impacts are also explored. The book concludes with an analysis of how deploying waste-to-energy systems is dependent on cross-cutting research methods, including geographical information systems and big data. It is a useful resource for professionals working in waste-to-energy technologies, as well as those in the food industry and food waste management sector planning and implementing these systems, but is also ideal for researchers, graduate students, energy policymakers and energy analysts interested in the most recent advances in the field. - Provides guidance on how specific food waste characteristics drive possible waste-to-energy conversion processes - Presents methodologies for selecting among different waste-to-energy options, based on waste volumes, distribution and properties, local energy demand (electrical/thermal/steam), opportunities for industrial symbiosis, regulations and incentives and social acceptance, etc. - Contains tools to assess potential environmental and economic performance of deployed systems - Links to publicly available resources on food waste data for energy conversion |
| business energy efficient tax credit: Full Committee Hearing on Small Business Energy Priorities United States. Congress. House. Committee on Small Business, 2007 |
| business energy efficient tax credit: H.R. 3981 and H.R 3984, the Small Business Energy Conservation and Commercialization Amendments United States. Congress. House. Committee on Small Business. Subcommittee on Energy, Environment, Safety, and Research, 1978 |
| business energy efficient tax credit: Energy Efficiency of Buildings in Cities United States. Congress. Office of Technology Assessment, 1982 |
| business energy efficient tax credit: Administration's Fiscal Year 1983 Budget Proposal United States. Congress. Senate. Committee on Finance, 1982 |
| business energy efficient tax credit: Toward Zero Carbon Adrian Devaun Smith, Gordon Gill, 2011 An examination and exploration of the issues that the Chicago Climate Action Plan (CCAP) deals with and how they may be implemented |
| business energy efficient tax credit: Energy Efficiency Lara S. Zambini, 2006 Energy efficiency sounds good but so far the steps to reach it have been baby steps. This book deals with commercial and consumer product efficiency standards, new goals for energy efficiency and renewable energy in federal facilities and fleets, the Energy Star products program, reforming hydropower re-licensing, expanding programs for hydrogen fuel cell buses, and setting a renewable fuels standard for increased use of ethanol and bio-diesel. The energy facts are given and the policy is discussed. |
| business energy efficient tax credit: Summary of Testimony on Administration Tax Proposals Before the Committee on Ways and Means United States. Congress. House. Committee on Ways and Means, 1981 |
| business energy efficient tax credit: Changing by Degrees , 1991 |
| business energy efficient tax credit: Senate Reports , 1953 |
| business energy efficient tax credit: Road from Kyoto United States. Congress. House. Committee on Science, 1999 |
| business energy efficient tax credit: Fiscal Year 2015 Analytical Perspectives: Budget of the U.S. Government Office of Management and Budget (U S. )., 2014-03-14 Officially released on March 10, 2014. As one of the 4 volumes of the FY2015 Budget request of the President, the Analytical Perspectives volume contains analyses that are designed to highlight specified subject areas or provide other significant presentations of Federal budget data that place the Fiscal Year budget in perspective. This volume includes economic and accounting analyses; information on Federal receipts and collections; analyses of Federal spending; information on Federal borrowing and debt; baseline or current service estimates; and other technical presentations. This volume also contains supplemental material on a CD-ROM in the printed document with several detailed tables, including tables showing the budget by agency and account and by function, subfunction, and program. The Analytical Perspectives volume also contains supplemental materials with several detailed tables, including tables showing the budget by agency and account and by function, subfunction, program, and more, |
| business energy efficient tax credit: Jumpstart Our Business Strength (JOBS) Act United States. Congress. Senate. Committee on Finance, 2003 |
| business energy efficient tax credit: Energy Conservation and Small Businesses United States. Congress. House. Committee on Small Business. Subcommittee on Energy, Environment, and Safety Issues Affecting Small Business, 1982 |
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys …
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, …
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the …
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned …
