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.
- Top 10 Steps for a Successful EMIS Project
- eBook: Five Key Considerations for Integrating Renewables into Your Procurement Strategy
- Improve Occupant Comfort & Reduce Energy Costs Through Humidity Control
- Four Key Questions to Ask Before Your Next Energy Purchase
- Operationalizing EHS Management: Bridge the Gap from Strategy to Execution
- Energy Manager Today Awards Top Products and Top Projects of the Year
- 2016 Energy and Sustainability Predictions Findings from Facilities Professionals
- The Corporate Sustainability Professional's Guide to Better Data Management
- The Missing Puzzle Piece: Automated Utility Data Aggregation
- 2015 Insider Knowledge