Full Title: The Value of Energy Tax Incentives Across Energy Resources: Trends over Time
Author(s): Molly F. Sherlock
Publisher(s): Congressional Research Service
Publication Date: April 1, 2016
Full Text: Download Resource
Description (excerpt):
Over time, the proportion of energy-specific tax incentives benefitting different energy resources has shifted. Figure 1 illustrates the value of energy-related tax incentives since 1978. Energy tax provisions are categorized as primarily benefitting fossil fuels, renewables, renewable fuels, efficiency, vehicles, or some other energy purpose. Earlier versions of Figure 1 have appeared in past Congressional Research Service reports (R41953 and R41227). Similar figures have also appeared in Congressional Budget Office (CBO) publications in 2012, 2015, and 2017. See these resources for additional information on the data underlying the figures in this Insight