Next wave of waste-to-energy financings

Journal Article · Fri Apr 01 04:00:00 EST 1988 · Alternative Sources Energy; (United States)

OSTI ID:6881950

Mr. Montrose points to about 665 major resource recovery financings in the US since 1980, of which about 60 were have been privately owned for tax purposes. He further points to the transition rule in the 1986 tax reform bill, which essentially says, for resource recovery-related projects, if you've spent or committed to spend $200,000 by March 1, 1986, all of the old tax benefits are grandfathered. That includes the investment tax credit and the accelerated cost-recovery system. Once those projects are done, there is no further benefit for local governments to give up the residual value of the plant. To Mr. Montrose this means, that projects will still be done, and primarily on a tax-exempt basis, but will be done under public ownership. He feels this is an off-shoot of the tax law rather than its intent. For the most part, he thinks it amounts to providing an essential local government service of waste disposal.

• OSTI ID: 6881950
• Journal Information: Alternative Sources Energy; (United States), Journal Name: Alternative Sources Energy; (United States); ISSN ASEND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
299003 -- Energy Planning & Policy-- Unconventional Sources & Power Generation-- Other-- (-1989)
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320604* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Municipal Waste Management-- (1980-)
ENERGY FACILITIES
ENERGY RECOVERY
FINANCIAL INCENTIVES
FINANCING
INDUSTRIAL PLANTS
OWNERSHIP
RECOVERY
RESOURCE RECOVERY FACILITIES
TAX CREDITS
WASTE PROCESSING PLANTS