Clean Energy Source
Description: How to save money with new clean energy tax credits, Residential Home Energy Tax Credits May Benefit You, Home Energy Tax Credits for 2023 Through 2034: Save $3,200 Annually for Home Improvements!, The Top 5 Energy Tax Credits For Businesses
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An energy tax is a tax that increases the price of energy (Fisher et al ., 1996, p. 416). Arguments in favour of energy taxes have included the pursuit of macroeconomic objectives, e.g., fiscal deficit reduction in the 1990s, as well as environmental benefits, i.e., reduced pollution (Nellor, 1994, p. 1). A weakness of energy taxes is that they impose a burden (or cost) in the form of reduced economic output and employment (p. 19).
In 1993, then President Bill Clinton proposed a BTU tax. A BTU tax is a type of energy tax (Baron, 1997, p. 14). The tax would have taxed all fuel sources based on their heat content except for wind, solar, and geothermal. It was never adopted. The BTU tax passed the House, but was rejected by the Senate in light of the lobbying effort mobilized against its adoption. The rejected proposal was watered down, as the Clinton administration tried to salvage their efforts by offering to exempt manufacturers and
Sustainable energy is energy obtained from non-exhaustible resources. By definition, sustainable energy serves the needs of the present without compromising the ability of future generations to meet their needs. The organizing principle for sustainability is sustainable development , which includes the four interconnected domains: ecology, economics, politics and culture. Sustainability science is the study of sustainable development and environmental science.
Clean Energy Source