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As a policy tool, state tax incentives can be structured to help states meet clean energy goals. Policymakers often use state tax incentives in concert with state and federal policies to support renewable energy deployment or reduce market barriers. This analysis used case studies of four states to assess the contributions of state tax incentives to the development of renewable energy markets. State tax incentives that are appropriately paired with complementary state and federal policies generally provide viable mechanisms to support renewable energy deployment. However, challenges to successful implementation of state tax incentives include serving project owners with limited state tax liability, assessing appropriate incentive levels, and differentiating levels of incentives for technologies with different costs. Additionally, state tax incentives may result in moderately higher federal tax burdens. These challenges notwithstanding, state tax incentives that consider certain policy design characteristics can support renewable energy markets and state clean energy goals.The scale of their impact though is directly related to the degree to which they support the renewable energy markets for targeted sectors and technologies. This report highlights important policy design considerations for policymakers using state tax incentives to meet clean energy goals.
In an effort to provide greater awareness of the necessary policy decisions facing our elected and appointed officials, Energy Policy in the U.S.: Politics, Challenges, and Prospects for Change presents an overview of important energy policies and the policy process in the United States, including their history, goals, methods of action, and consequences. In the first half of the book, the authors frame the energy policy issue by reviewing U.S. energy policy history, identifying the policy-making players, and illuminating the costs, benefits, and economic and political realities of currently competing policy alternatives. The book examines the stakeholders and their attempts to influence energy policy and addresses the role of supply and demand on the national commitment to energy conservation and the development of alternative energy sources. The latter half of the book delves into specific energy policy strategies, including economic and regulatory options, and factors that influence energy policies, such as the importance of international cooperation. Renewed interest in various renewable and nontraditional energy resources—for example, hydrogen, nuclear fusion, biomass, and tide motion—is examined, and policy agendas are explored in view of scientific, economic, regulatory, production, and environmental constraints. This book provides excellent insight into the complex task of creating a comprehensive energy policy and its importance in the continued availability of energy to power our way of life and economy while protecting our environment and national security.
Energy usage and consumption continue to rise globally each year, with the most efficient and cost-effective energy sources causing huge impacts to the environment. In an effort to mitigate harmful effects to the environment, implementing clean energy resources and utilizing green energy management strategies have become worldwide initiatives, with many countries from all regions quickly becoming leaders in renewable energy usage. Still, not every energy resource is without flaws. Researchers must develop effective and low-cost strategies for clean energy in order to find the balance between production and consumption. The Research Anthology on Clean Energy Management and Solutions provides in-depth research that explores strategies and techniques used in the energy production field to optimize energy efficiency in order to maintain clean and safe use while delivering ample energy coverage. The anthology also seeks solutions to energy that have not yet been optimized or are still produced in a way that is harmful to the environment. Covering topics such as hydrogen fuel cells, renewable energy, solar power, solar systems, cost savings, and climate protection, this text is essential for electrical engineers, nuclear engineers, environmentalists, managers, policymakers, government officials, professionals in the energy industry, researchers, academicians, and students looking for the latest research on clean energy management.
This book explains how income growth and better environmental qualities go hand in hand, and reviews the drivers and barriers to sustainable innovation on the basis of real-life cases. It discusses why innovation-based income growth reduces environmental impacts and how the huge global markets for sustainable innovation are currently hampered by protectionist policies. Subsequently, diverse sustainable innovators are presented in ascending order of the complexity of interactions between innovators and stakeholders. In this context, innovating consumers who create communities of peers in solar powered mobility are examined in the first case. It also focuses on regional tacit inventors, who spur innovation in tourism mobility thanks to the informal policies but whose efforts are obstructed by the formalities of the European Union. Artists with an interest in both innovations and the environment develop art services that deliver experiences of environmental qualities. Though these experiences have gone unrecognised so far, they are nonetheless socially beneficial. The book also shows how technology suppliers develop four different patterns of sanitation, each with its own pros and cons for the specific community’s needs and conditions. It discusses how project developers also make innovations in office systems, including socially beneficial ones that do away with the need to commute. It includes an analysis of interactions between consumers pursuing ethical consumption and international trailblazers in corporate responsibility and concludes that it is more rewarding to support social entrepreneurs than to attempt to moralise consumers. Further analysis of interactions between sustainable investors and innovators reveals different groups’ opinions about policies and markets, helping to explains their weak influence on policies. Mushrooming local energy initiatives are now evolving into energy service companies, producing shifts on energy markets. Why these innovators emerge and how certain policies are blocking them are explained. The policies of the United States and European Union are compared with regard to the main barriers to and drivers of, the renewable energy business. Though the US invests more money and takes more risks, it is less cost-effective in terms of the number of enterprises and jobs, thanks to the feed-in tariffs in Europe. Lastly, the book also discusses policies that invest in education, skills, knowledge and know-how exchange, but instead abolish perverse?? subventions of vested interests to?? create conditions for sustainable development.
The renewable and alternative energy markets and energy policy have evolved rapidly in recent years. This fully revised and expanded third edition continues to emphasize the political, economic and social feasibility of alternative energies and adds chapters on energy storage, reforming the power grid, and AI's role in energy markets.
In the early 1990s, developing countries started to introduce different economic incentives to promote the deployment of renewable energy. This paper summarizes the results of a recent review of the emerging experience with the design and implementation of price and quota based instruments to promote renewable energy in
Rapid changes in energy production and consumption are having major socioeconomic implications for the communities of rural America. Technological developments in horizontal drilling, hydraulic fracturing (fracking) nuclear energy, biofuels, wind and solar energy have significantly increased domestic energy production and the production of energy from renewable sources has encouraged energy efficiency. Yet, severe concerns persist and policy decisions on energy issues will have profound implications for all Americans and rural communities where consequences are experienced most directly. Thus, the time is appropriate for a careful exploration of the socioeconomic implications of our energy future. The purpose of this book is to present timely and scientifically sound information on energy policy, socioeconomic aspects of energy production and consumption with a focus on rural areas. The book presents the latest research by top scholars with the goal of clarifying options and providing the basis for informed policy decisions.
Despite the urgent need for action, there is a widespread lack of understanding of the benefits of using green energy sources for not only reducing carbon emissions and climate change, but also for growing a sustainable economy and society. Future citizens of the world face increasing sustainability issues and need to be better prepared for energy transformation and sustainable future economic development. Cases on Green Energy and Sustainable Development is a critical research book that focuses on the important role renewable energy and energy efficiency play in energy transition and sustainable development and covers economic and promotion policies of major renewable energy and energy-efficiency technologies. Highlighting a wide range of topics such as economics, energy storage, and transportation technologies, this book is ideal for environmentalists, academicians, researchers, engineers, policymakers, and students.
Are you developing strategies for a future sustainable energy supply? Are you designing policies to deploy renewable energy technologies in your country? Are you looking for new tools and measures to make your policies more effective? Are you planning to make decisions on renewable energy investments in certain countries and are you checking their policy robustness? Let the IEA guide you into successful, efficient and effective policies and decisions for accelerating deployment of renewable energy. Learn about the six policy actions that are essential ingredients for your policy portfolio: - Alliance Building - Communicating - Target Setting - Integration in economic policies - Optimizing existing instruments and - Neutralizing disadvantages on the playing field This book shows why and how successful renewable energy strategies work. Many recent and actual examples of best cases and experiences in policies--based on literature and interviews--show how policies can best mobilize national and international renewable energy business and the financial institutions, while creating broad support. The book is an initiative of the IEA-RETD, an international agreement between nine countries to investigate and accelerate the deployment of renewable energy deployment. - Presents you with a variety of policy options that have been proven to accelerate the deployment of renewable energy technologies - Based on experiences around the world at the local, regional and national levels - Includes the IEA's ACTION star, a decision-making tool for developing a consolidated renewables policy framework - Find inspiration in this guide's depiction of the significant renewable energy developments to date and the many examples of successful policies featured