Sentences with phrase «electricity production tax»

Recently, however, some wind - generating plants have proven to be economically feasible in areas with good wind resources, compared with other conventional technologies, when coupled with the Renewable Electricity Production Tax Credit (described below).

[ii] Department of Energy, Renewable Electricity Production Tax Credit, https://energy.gov/savings/renewable-electricity-production-tax-credit-ptc

In the U.S., Congress voted at the end of last year to extend the renewable electricity production tax credit (PTC), the U.S. market's main incentive mechanism, and to phase it out by the end of 2019.

The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.

Not exact matches

The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of electricity tariffs and transport fares were all not captured in the budget.

Among the proposals is the establishment of a Reduction Tax Credit (RTC), whereby eligible parties would receive a tax credit for every kilowatt hour (kWh) of electricity reduced, just as wind and other renewable resources receive a Production Tax Credit (PTC) for every kWh producTax Credit (RTC), whereby eligible parties would receive a tax credit for every kilowatt hour (kWh) of electricity reduced, just as wind and other renewable resources receive a Production Tax Credit (PTC) for every kWh productax credit for every kilowatt hour (kWh) of electricity reduced, just as wind and other renewable resources receive a Production Tax Credit (PTC) for every kWh producTax Credit (PTC) for every kWh produced.

The federal production tax credit (PTC), which offers wind energy developers 2.2 cents for every kilowatt - hour of electricity produced from grid - tied projects, was a key case in point at the conference.

There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»

Imposing a carbon tax on electricity production based on the social cost of carbon could generate between $ 21 billion and $ 82 billion in revenues in 2020 and would have important effects on electricity markets.

If Congress renews the production tax credit for four years, wind power will probably reach 4 to 5 percent of the country's electricity supply by 2016, Mr. O'Sullivan said, up from 3 percent year to date.

Production tax credits (PTC) are policy drivers to promote the development of electricity generated from renewable sources.

Joshua don't you know that politicians want there be global warming so they can raise taxes, control energy production, and drive up electricity rates etc.S o they make up a problem (AGW) and then try to convince people that they might need to sacrifice.

For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.

The United States provides a range of incentives for ethanol production including exclusion from excise taxes, mandating clean air performance requirements that created markets for ethanol, and tax incentives and accelerated depreciation schedules for electricity generating equipment that burn biomass (USDOE, 2005).

Low natural gas market prices and their impacts on wholesale electricity prices, along with low energy growth since 2008 and a lack of stability in federal policy (such as the production tax credit), have influenced wind power deployment.

(Sec. 1402) Authorizes a state to provide a tax or fee incentive to entities engaged in production of electricity from coal mined in the state and used in a facility that uses scrubbers or other forms of clean coal technology.

Cap - and - trade functions as an energy tax in large part because it is designed to suppress and, ultimately, eliminate electricity production from coal, America's most abundant and affordable electricity fuel.

The list is long and worth many billions (sorry for caps); — GREENHOUSE GAS ABATEMENT PROGM (Carbon capture)-- NON-RECOVERY OF PUBLIC AGENCY COSTS — PETROLEUM EXPLORATION TAX CONCESSIONS — RESEARCH AND DEVELOPMENT ASSISTANCE — DIRECT SUBSIDIES TO FOSSIL FUEL PROJECTS — DIESEL FUEL REBATE SCHEME — EXEMPTION FROM EXCISE FOR ALTERNATIVE FUELS Ethanol production which is an energy sink)-- CONCESSIONAL RATE OF EXCISE FOR FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE FOR AVIATION FUEL — EXCISE FREE STATUS FOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERATION

Experts suggest that a carbon tax will produce the most efficient carbon reductions throughout the economy — whether from electricity production or transportation — because as a uniform price on CO2 emissions, the tax is the same regardless of source of the emissions.

A carbon tax is a tax imposed on releases of carbon dioxide (CO2), which is emitted largely through the combustion of fossil fuels used in electricity production; industrial, commercial, and residential heating; and transportation.

Australia has a carbon tax, essentially a tax on production and consumption of electricity, that cost business and consumers $ 6 billion for less than 0.1 % emissions reduction since its introduction.

Federal production tax credits and grants for electricity from certain renewable sources as well as State - level renewable portfolio standards have encouraged both capacity additions and increased generation from wind and other renewable sources.

The AEIC proposes several possibilities worth debate, such as a wires fee on electricity, reduced fossil fuel subsidies, fees on offshore oil and natural gas production, an oil import fee, or increasing the gas tax.

One of those is the wind Production Tax Credit, a multi-billion dollar tax credit that subsidizes wind developers for the electricity they generaTax Credit, a multi-billion dollar tax credit that subsidizes wind developers for the electricity they generatax credit that subsidizes wind developers for the electricity they generate.

The nation's wind turbine manufacturing base has grown with the impressive surge of wind - generated electricity, but the expiration of the federal Production Tax Credit for wind (PTC) at the end of 2012 threatens the industry with factory closings and stunted growth.

Wu, 46, faces a variety of charges including production of a controlled substance, possession for the purpose of trafficking, theft of electricity, possession of proceeds of crime, income tax and Goods and Services Tax evasion, failure to comply with restraint order, breach of recognizance of bail and failure to appetax and Goods and Services Tax evasion, failure to comply with restraint order, breach of recognizance of bail and failure to appeTax evasion, failure to comply with restraint order, breach of recognizance of bail and failure to appear.