NEMA: Efficiency has a Place in Tax Reform
Incentivizing energy efficiency needs to be part of any tax reform proposal, says the National Electrical Manufacturers Association (NEMA).
Senate Finance Committee Chairman Max Baucus (D-Mont.) has proposed energy tax reform that would eliminate incentives currently targeted to energy efficiency. The reformed policy would be technology neutral and be weighted toward emissions reductions.
The current set of energy tax incentives is overly complex, most participants agree. NEMA has proposed a simple, effective, and technology-neutral package of tax incentives for energy efficiency in buildings, factories, and the electric grid.
Greater energy efficiency in all our sectors will boost economic productivity and competitiveness, enhance U.S. energy security, mitigate outages, and reduce emissions. Energy efficiency is clean, green, and resilient, and should be promoted as a key policy goal in the tax code, NEMA says.
- Let's Do The Math for DR
- 2014 Environmental Leader Product and Project Awards
- Improve Your Company's Environment and Energy Performance
- Verdantix Green Quadrant for EHS Software
- Unlocking the Value of Energy & Operational Data
- Smart Companies Utilize Integrated Energy Solutions
- 2013-2014 Winter Polar Vortex
- Best Practices in Electricity Procurement
- Increase the Value of Demand Response Through Automation
- Gartner Magic Quadrant
- Connected Buildings, Connected People: A Look to the Future
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies