No need for energy taxes

Journal Article · Thu Apr 04 04:00:00 EST 1985 · Public Util. Fortn.; (United States)

OSTI ID:5728528

Sherry, E V

Prior to 1972, industrial energy users dealt mostly with local and state governments, but now federal energy taxes can have a depressive effect on the international competitive position of some industries, notably the chemical industry. The author cites problems with the mechanisms for exempting hydrocarbons for chemical feedstocks from an energy use tax and the inequities to other basic industries using large amounts of energy in ways that cannot be classified as readily as feedstocks. He argues that an energy tax should not increase the cost of energy produced from coal or nuclear power because the country should be encouraging, not discouraging, the use of its investment. State and local ad valorem taxes and taxes on rail transport for coal are related disincentives.

• Research Organization: Air Products and Chemicals, Inc., Allentown, PA
• OSTI ID: 5728528
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 115:7; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320301 -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes-- Energy Sources
CHEMICAL INDUSTRY
COMPETITION
ECONOMIC IMPACT
ECONOMIC POLICY
ENERGY CONSUMPTION
GOVERNMENT POLICIES
INDUSTRY
TAXES