The Value of Energy Tax Incentives for Different Types of Energy Resources: In Brief

This report discusses past and current energy tax incentives and their effects. The following sections estimate the value of tax incentives relative to the level of energy produced using fossil and renewable energy resources. Before proceeding with the analysis, some limitations are outlined. The analysis itself requires quantification of energy production and energy tax incentives. Once data on energy production and energy tax incentives have been presented, the value of energy tax incentives can be evaluated relative to current levels of energy production. Trends in tax incentives are also discussed