Selected Federal Tax and Non-Tax Subsidies for Energy Use and Production. Energy Policy Study, Volume 6. AR/EA/80-01

摘要

Selected federal tax and non-tax subsidies for energy use and production are analyzed. The non-tax subsidies include grants, loan guarantees, and acquisition programs for the production and use of new energy technologies and for the use of conservation of energy by special groups of energy consumers. Examples of such programs are the military solar procurement program and loan guarantees for the production and distribution of power in rural areas. The tax subsidies analyzed are those that apply to investments in new technologies by energy users such as tax credits for residential and industrial solar equipment. The report is divided into three parts: Part 1 discusses the economics of subsidies in general, outlining the rationales for subsidy programs and their likely effect on production and use; Part 2 analyzes in more detail particular types of subsidy programs, namely their effect and appropriateness; and Part 3 assesses the costs and benefits of a representative cross section of existing subsidy programs. Two appendices provide a comprehensive list of the relevant subsidy programs. (ERA citation 05:024202)