NEMA: Efficiency has a Place in Tax Reform

NEMAIncentivizing 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.

(Visited 1 times, 1 visits today)
6 Things to Consider When Deciding Whether to Build or Buy Software
Sponsored By: Progressly

9 Ways Mobility Enables Companies to Streamline Daily Operations
Sponsored By: Progressly

What to Expect from Energy Markets in 2018
Sponsored By: EnerNOC, Inc.

Avoid the RFP Trap: The Smart Guide to Purchasing EHS Software
Sponsored By: VelocityEHS


Leave a Comment

User Name :
Password :
If you've no account register here first time
User Name :
User Email :
Password :

Login Now
Translate »