Congressional Research Service Report Released: Energy Tax Incentives: Measuring Value Across Different Types of Energy Resources

Congressional Research Service Report Released: Energy Tax Incentives: Measuring Value Across Different Types of Energy Resources

by Taryn Rucinski

The Congressional Research Service (CRS), the public policy research arm of Congress, just issued the report Energy Tax Incentives: Measuring Value Across Different Types of Energy Resources (Sept. 18, 2012). The 27 page report authored by Molly F. Sherlock provides,

an analysis of the value of energy tax incentives relative to primary energy production levels. Relative to their share in overall energy production, renewables receive more federal financial support through the tax code than energy produced using fossil energy resources. Within the renewable energy sector, relative to the level of energy produced, biofuels receive the most tax-related financial support.