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.
- 2014 Environmental Leader Product and Project Awards
- How "Fixed" is the Fixed Price Product?
- NAEM Trends Report: Planning for a Sustainable Future
- Integrated Building Optimization
- Trends in Energy Management: Where Should Your Next Investment Be?
- EHS Managers: The Evolution from Necessary Evil to Vital Leaders
- Sustainability Careers: Unlocking Hidden Employment Potential
- The CFO and the Sustainability Reporting Chain
- Alarms Management: The Future is Now
- Essential Guide to Lighting Retrofits and Upgrades
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement